Equivalent units and equivalent unit costs. (25 minutes) Consider the following data for the satellite assembly division of A€ro-France:  lo1

REQUIRED 1. Calculate equivalent units of work done in the current period for direct materials and conversion costs. Show physical units in the first column.
2. Calculate cost per equivalent unit of beginning work in progress and of work done in the current period for direct materials and conversion costs.

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PHYSICAL UNITS (SATELLITES) DIRECT MATERIALS CONVERSION COSTS EUR 4,968,000 EUR 928,000 Beginning work in progress (1 May) 8 Started in May 1999 50 Completed during May 1999 46 Ending work in progress (31 May)! Costs added during May 1999 12 EUR 32,200.000 EUR 13,920,000 Degree of completion: direct materials, 90%; conversion costs, 40%. Degree of completion: direct materials, 60%; conversion costs, 30%.