Swifty Industries works hard to keep pace with demand for its modern chandelier. To get it out the door, Swifty first machines raw materials into key component parts. Next, the component parts are assembled. These two processing departments work together, coordinating the output from the machining process into the assembly process. All DM resources are added at the beginning of the machining process, while conversion costs are added evenly throughout the process. For May, the following information was available for the machining process. Units DM Conversion Costs Units in beginning WIP Inventory Beginning WIP Inventory degree of completion 500 ? 70% Costs in beginning WIP Inventory $35,900 $17,220 New units started 7,700 Costs added to WIP Inventory this period $300,300 $197,960 Units completed 6,900 Units in ending WIP Inventory 1,300 Ending WIP Inventory degree of completion 40% (a) (b) Your answer is correct. Determine the total cost of units completed and the cost of units in ending WIP Inventory-Machining in May by completing Steps 1-5 of the template, assuming Swifty Industries uses the FIFO method of process costing. Total cost of units completed Cost of units in ending WIP Inventory eTextbook and Media List of Accounts 486120 65260 Attempts: 1 of 2 used Determine the total cost of units completed and the cost of units in ending WIP Inventory-Machining in May by completing Steps 1-5 of the template, assuming Swifty Industries uses the weighted-average method of process costing. Total cost of units completed Cost of units in ending WIP Inventory $