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 Percent Percent Units 37,500 Complete 60% Complete 40% 150,000 187,500 51,250 60% 20% $ 74,250 28,500 $ 102,750 505,035 398,395 903,430 $ 1,006,180 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 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