QualCo manufactures a single product in two departments: Cutting and Assembly. Information for the Cutting department for May follows. 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 Total costs to account for Equivalent units of production (EUP) Cost per equivalent unit of production Units 38,000 156, 800 194,800 51,800 Equivalent units of production Cost per equivalent unit of production Cost assignment Beginning work in process To complete beginning work in process Units $ 74,575 28,993 EUP 529,802 400,567 Direct Materials Percent Complete 65% 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. 65% Prey $ 103,568 930,369 $ 1,033,937 Conversion Percent Complete 35% Direct Materials % Added! Cost per EUP Materials 1 of 6 25% WEL www www EUP Total cost Next > Conversion % Added Conversion EUP

\begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|l|}{ Equivalent units of production (EUP) } \\ \hline \multirow{2}{*}{ : } & \multirow{2}{*}{ Units } & \multicolumn{2}{|c|}{ Direct Materials } & \multicolumn{2}{|c|}{ Conversion } \\ \hline & & % Added & EUP & % Added & EUP \\ \hline Beginning work in process & 38,000 & & & & \\ \hline Started and completed & 156,800 & & & & \\ \hline \multirow[t]{2}{*}{ Ending work in process } & 51,800 & & F & & \\ \hline & 246,600 & & & & \\ \hline Cost per equivalent unit of production & & \multicolumn{2}{|c|}{ Materials: } & \multicolumn{2}{|c|}{ Conversion } \\ \hline & & & & & - \\ \hline Equivalent units of production & & & 0 & 8 & 0 \\ \hline \multicolumn{6}{|l|}{ Cost per equivalent unit of production } \\ \hline \multicolumn{6}{|l|}{ Cost assignment } \\ \hline \multicolumn{6}{|l|}{ Beginning work in process } \\ \hline To complete beginning work in process & EUP & Cost per EUP & Total cost & & \\ \hline \multicolumn{6}{|l|}{ Direct materials } \\ \hline \multicolumn{6}{|l|}{ Conversion } \\ \hline Started and completed & EUP & Cost per EUP & Total cost & & \\ \hline Direct materials & & 0.00 & 0.00 & & \\ \hline Conversion & & 0.00 & 0.00 & & \\ \hline \multicolumn{6}{|l|}{ Completed and transferred out } \\ \hline Ending work in process & EUP & Cost per EUP & Total cost & & \\ \hline Direct materials & & 0.00 & 0.00 & & \\ \hline Conversion & & 0.00 & 0.00 & & \\ \hline Total costs accounted for & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|l|}{ Equivalent units of production (EUP) } \\ \hline \multirow{2}{*}{ : } & \multirow{2}{*}{ Units } & \multicolumn{2}{|c|}{ Direct Materials } & \multicolumn{2}{|c|}{ Conversion } \\ \hline & & % Added & EUP & % Added & EUP \\ \hline Beginning work in process & 38,000 & & & & \\ \hline Started and completed & 156,800 & & & & \\ \hline \multirow[t]{2}{*}{ Ending work in process } & 51,800 & & F & & \\ \hline & 246,600 & & & & \\ \hline Cost per equivalent unit of production & & \multicolumn{2}{|c|}{ Materials: } & \multicolumn{2}{|c|}{ Conversion } \\ \hline & & & & & - \\ \hline Equivalent units of production & & & 0 & 8 & 0 \\ \hline \multicolumn{6}{|l|}{ Cost per equivalent unit of production } \\ \hline \multicolumn{6}{|l|}{ Cost assignment } \\ \hline \multicolumn{6}{|l|}{ Beginning work in process } \\ \hline To complete beginning work in process & EUP & Cost per EUP & Total cost & & \\ \hline \multicolumn{6}{|l|}{ Direct materials } \\ \hline \multicolumn{6}{|l|}{ Conversion } \\ \hline Started and completed & EUP & Cost per EUP & Total cost & & \\ \hline Direct materials & & 0.00 & 0.00 & & \\ \hline Conversion & & 0.00 & 0.00 & & \\ \hline \multicolumn{6}{|l|}{ Completed and transferred out } \\ \hline Ending work in process & EUP & Cost per EUP & Total cost & & \\ \hline Direct materials & & 0.00 & 0.00 & & \\ \hline Conversion & & 0.00 & 0.00 & & \\ \hline Total costs accounted for & & & & & \\ \hline \end{tabular}