5. Allure Clothing, Inc., is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Suppose that Allure uses the FIFO method. The following information for June 2017 is available. (Click the icon to view the information.) Read the requirements2 Requirement 1. Calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion costs) to complete beginning work in process, to start and complete new units, and to produce ending work in process. (Enter a "O" for any zero balances.) Equivalent Units Transferred-In Physical Units Direct Conversion Materials (tons) Costs Costs Work in process, beginning 60 100 Transferred-in during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed 40 Work in process, ending Accounted for Equivalent units of work done in current period Requirement 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials conversion costs. Print Begin by summarizing the total costs to account for. (Enter a "0" for any zero balances.) Total Transferred-In Direct Conversion Production Costs Costs Materials Costs (1) (2) Total costs to account for costs. (Round your answers to the nearest cent. Calcula the cost per equivalent unit for transferred-in costs, direct erials, and ny Transferred-In Direct Conversion Costs Materials Costs (3) 4) Divide by Cost per equivalent unit Print Requirement 3. Assign costs to units completed (and transferred out) and to units in ending work in process. Begin by calculating the total from beginning inventory, then calculate the total costs accounted for. (Enter a "0" for any zero balances. Round your final answers to the nearest whole dollar.) Total Transferred-In Direct Conversion Production Costs Costs Materials Costs Completed and transferred out: (5) (6) Total from beginning inventory Total costs of units completed and transferred out (8) Total costs accounted for 1: Data Table Physical Units Transferred-In Direct Conversion (tons) Costs Materials Costs 60 S 45,000 $ 0 S Work in process, beginning inventory (June 1) 30,000 Degree of completion, beginning work in process 100% 0% 50% Transferred-in during June 100 Completed and transferred out during June 120 Work in process, ending inventory (June 30) 40 Degree of completion, ending work in process 100% 0% 75% Total costs added during June S 120,000 $ 30,000 $ 63,600