Weighted-average method, equivalent units and unit costs. Consider the following data for the $atellite Assembly Division ofAerospatiale:

Physical Units Direct Conversion

(Satellites) Materials Costs Beginning work in process, (May 1)*

Started in May 2007 Completed during May 2007 Ending work in process (May 3 l)t Costs added during May 2007 8

55 51 12

$ 5,426,960 $ 1,001,440

$35,420,000 $15,312,000

*Degree of completion: direct materials, 90%; conversion costs, 40%.

degree of completion: direct materials, 60%; conversion costs, 30%.

The Satellite Assembly Division uses the weighted-average method of process costing.

Required 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column ofyour schedule.

2. Calculate cost per equivalent unit for direct materials and conversion costs.