17. (12 points) (continued) Pharmaceutical Co. manufactures a single tablet medication for retail sale. For the current period the following information is given: Beginning Work-in-process for 30,000 units: Direct material: 100% completed $ 71,000 Conversion: 30% completed 65,680 Units started this period 400,000 Ending Work in process for 20,000 units: Direct material: 100% completed Conversion: 60% completed Cost incurred during this period: Direct materials 5 660,000 Conversion S 883,820 b. Calculate Pharmaceutical's physical flow of units, equivalent units, cost per equivalent unit and assign costs to Finished Goods and Ending Work-inProcess inventories using the FIFO method of process costing. Clearly indicate the costs assigned to inventory categories