Required Saved Help Required information Problem 20-6AA FIFO: Costs per equivalent unit; costs assigned to products LO C2, C4 [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, 38,000 were in process in the Cutting department at the beginning of May and 156,800 were started and completed in May. May's Cutting department beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of May, 51,800 additional units were in process in the Cutting department and were 65% complete with respect to materials and 25% complete with respect to conversion. The Cutting department had $529,802 of direct materials and $400,567 of conversion cost charged to it during May. Its beginning inventory included $74.575 of direct materials cost and $28.993 of conversion cost. Problem 20-6AA Part 2, 3 and 4 2-4. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) EUP Equivalent units of production (EUP)- FIFO method 04. Misteri FID Misteri 9 Naxo 0 & 7 @ $ 4 % 5 8 6 2 3 Y U T W R E Irl=https%253A%252F%252Fccbcmd-bb.blackboard.com%25. ork Required Saved quivalent units of production (EUP)- FIFO method Units % Materials EUP-Materials % Conversion EUP- Conversion Total units Cost per equivalent unit of production Materials Conversion Costs Costs EUP 0 EUP 0 0 0 Total costs - 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 EUP Direct materials Conversion Total cost to convplete beginning inventory Cost of units started and completed EUP Direct materials Conversion Cost per EUP Total cost Cost per EUP S 0.00 $ 0.00 Total cost S 0.00 0.00 C. 9 & 7 0 $ 4 % 5 8 @ 2 6 3 P R T