Required information The following information applies to the questions displayed below] QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly. Of these transferred units, 38,400 were in process in the Cutting department at the beginning of May and 159,500 were started and completed in May. May's Cutting department beginning inventory units were 70% complete with respect to materials and 30% complete with respect to conversion. At the end of May, 52,200 additional units were in process in the Cutting department and were 70 % complete with respect to materials and 25% complete with respect to conversion. The Cutting department had $518,900 of direct materials and $478,632 of conversion cost charged to it during May. Its beginning inventory included $74,975 of direct materials cost and $29.393 of conversion cost funite transferred to Assembly 2-4. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in proces (Round "Cost per EUP" to 2 decimal places.) Equivalent units of production (EUP)- FIFO method EUP. Conversion EUP- Materials 9% Conversion 96 Materials Units Total units Conversion Materials Cost per equivalent unit of production Costs Costs Total costs EUP EUP Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for Beginning Inventory Cost: Cost to complete units in beginning inventory Total cost Cost per EUP EUP Direct materials Conversion Total cost to complete beginning inventory Cost per EUP Total cost EUP Cost of units staned and completed Direct materials Conversion Total cost of units started and completed of 17 Next (Prev 17 Total costs accounted for Beginning Inventory Cost Total cost Cost per EUP EUP Cost to complete units in beginning inventory Direct materials Conversion Total cost to complete beginning inventory Total cost Cost per EUP EUP Cost of units started and completed Direct materials Conversion Total cost of units started and completed Total cost of units transferred out Total cost Cost per EUP EUP Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for