The assembly division of Cranberry Watches, Inc. Uses the FIFO method of process costing. Consider the following data for May $2020$:

$($Click the icon to view the data.$)$

$($Click the icon to view the equivalent unit computation.$)$

Requirement

Summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed $($and transferred out$)$ and to units in ending work$-$in$-$process