ualCo manufactures a single product in two departments: Cutting and Assembly. Information for the Cutting department for May follows. Direct Materials Conversion Units 38,700 Percent Complete Percent Complete 80% 20 162,500 201,200 52,500 60% 20% Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion $ 75,275 29,693 504,350 469,108 Total costs to account for $ 104,968 973,458 $ 1,078,426 Required: 1-3. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. Equivalent units of production (EUP) Direct Materials Conversion Units % Added EUP % Added EUP Cost per equivalent unit of production. Equivalent units of production Cost per equivalent unit of production Cost assignment Direct Materials Units % Added Conversion EUP % Added Materials Conversion Beginning work in process To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out EUP Cost per EUP Total cost EUP Cost per equivalent unit of production +Equivalent units of production Cost per equivalent unit of production Materials Conversion Cost assignment Beginning work in process To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP Total cost EUP Cost per EUP Total cost