QualCo manufactures a single product in two departments: Cuttingand Assembly. During May, the Cutting department completed a numberof units of a product and transferred them to Assembly. Of thesetransferred units, 37,700 were in process in the Cutting departmentat the beginning of May and 153,800 were started and completed inMay. May’s Cutting department beginning inventory units were 70%complete with respect to materials and 30% complete with respect toconversion. At the end of May, 51,500 additional units were inprocess in the Cutting department and were 70% complete withrespect to materials and 20% complete with respect to conversion.The Cutting department had $462,668 of direct materials and$400,029 of conversion cost charged to it during May. Its beginninginventory included $74,275 of direct materials cost and $28,693 ofconversion cost.
1. Compute the number of units transferred toAssembly.
2-4. Using the FIFO method, assign May’s coststo the units transferred out and assign costs to its ending work inprocess inventory. (Round \"Cost per EUP\" to 2 decimalplaces.)
