1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred- in, direct material and conversion costs. 2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category 3. Assign total costs to (a) units completed and transferred to Finished Goods Inventory and (b) units in December 31 Work in Process Inventory. Print Done Data Table hin Units: 4,000 units 22,000 units ? units 5,000 units hdd Work in process, December 1 (80% of the way through the process) Transferred in from the Polishing and Cutting Department during December Completed during December Work in process, December 31 (70% of the way through the process) Costs: Work in process, December 1 (transferred-in costs. $9.500; direct materials costs, $20,650; and conversion costs, $19.750) Transferred in from the Polishing and Cutting Department during December Dicentratoriale added in December 49.900 97.100 10.6 Ter Print Done * Data Table 1 Jinni 22,000 units ? units 5,000 units hid co Transferred in from the Polishing and Cutting Department during December Completed during December Work in process, December 31 (70% of the way through the process) Costs: Work in process, December 1 (transferred-in costs, $9,500; direct materials costs, $20,650; and conversion costs. $19,750) I Transferred in from the Polishing and Cutting Department during December Direct materials added during December Conversion costs added during December $ 49.900 97.100 49,550 90,500 Print Done