Top Hat manufactures baseball-style hats. Material is introduced at the beginning of the process in the Cutting Department. Conversion costs are incurred uniformly throughout the process. As the cutting of material is completed, the pieces are immediately transferred to the Sewing Department. Data for the Cutting Department for the month of February, 2019 follows: Work in process, January 31, 2019 50,000 units (100% complete for direct materials, 40 percent completed for conversion costs Actual costs of direct materials, $70,500, actual costs of conversion costs $34,050 Units started during February 225,000 Units completed during February 200,000 Work-in-process February 28 75,000 100% complete for direct materials, 20% complete for conversion costs Cost of direct materials added in February $342,000 Cost of conversion costs added in February $352,950 Using the 5 steps in process costing and the format and terminology in the textbook, calculate the physical units, equivalent units, total costs, cost per equivalent unit, and assign costs to completed and work in process units. Show all calculations