2017 The assembly division of Fenton Watches, Inc, uses the FI Next Question costing. Consider the following data for the month of May Click the icon to view the data.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units in first, then calculate the equivalent units. Equivalent Units Direct Conversion Materials Costs Physical Units Flow of Production 60 478 538 Work in process, beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Accounted for Equivalent unts of work done in current period 60 383 383 383 95 538 Data Table - X Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) 60 $249.750 $96,550 Started in May 2017 478 Completed during May 2017 443 Ending work in process (May 31; 95 Total costs added during May 2017 $2,598,000 $1,251,600 Degree of completion direct materials, 80%.conversion costs, 25% Degree of completion direct materials, 40%: conversion costs, 20% Print Done