The assembly division of Quality Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for the month of May Basic Info Beginning work in process (May 1) Degree of completion: Total costs added during May 2017 Ending work in process (May 31) "Degree of completion: Direct Conversion Materials Costs $ 459,888.00 $ 142,570.00 80% 35% $3,237,000.00 $1,916,000.00 ? ? 80% 40% Answer cells must remain in the same location so do not insert/delete columns or rows in the file. Unless otherwise indicated, numeric answers must include a formula or reference so do not hard enter the answer. a Assignment of Costs (LIFO) Direct Materials Conversion Costs Total Production Costs Completed and transferred out: Equivalent units from beginning inventory Costs from beginning inventory + Equivalent units from work done in current period Costs from work done in current period = Total equivalent units completed and transferred out Total costs completed and transferred out Work in process, ending Equivalent units from beginning inventory Costs from beginning inventory + Equivalent units from work done in current period Costs from work done in current period = Total equivalent units in ending work in process Total costs in ending work in process Total costs accounted for Do total costs to account for (accumulated) equal total costs accounted for (assigned)