S5-12 (similar to) After completing Steps 1-4 of the process costing procedure, Dandy Corporation arrived at the following equivalent units and costs per equivalent unit for final production department for the month ofJuly (Click the icon to view the date." Read the requirements 1a. How much cost should be assigned to the units completed and transferred out to Finished Goods Inventory during July? (Enter quantities first, then other amounts in the same order as presented.) Dandy Corporation X i Data Table Month Ended July 31 Assigning Costs Transferred- Direct Conversion Equivalent Units Total in Materials Costa Transferred Direct Conversion a. Completed and transferred out: Material in Costs Units completed and transferred out during July 74.000 74.000 74 000 11 500 300 3.600 Plus: Ending work in process, July 31 85500 82 300 7,600 Total equivalent units -X 2.84 $ i Requirements 0.55 $ 1.56 Cost per equivalent unit 1. How much cost should be assigned to the a. units completed and transferred out to Finished Goods Inventory during July? b. partially complete units still in ending work in process Inventory at the end of July? 2. What was the "Total cost accounted for during July? What other important figure must this match? What is Don department all the way through the final production department? verage cost of making each unit of its product from the first production 3