5 of 5 Score: 0 of 4 pts E17-27 (similar to) The assembly division of Marzollo Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for (Click the icon to view the data.) (Click the icon to view the equivalent unit computation.) Requirement Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and as Begin by summarizing the total costs to account for Total Direct Materials Conversion Costs Production Costs Total costs to account for Data Table Conversion Costs $91,000 Physical Units Direct (Watches) S. Materials Beginning work in process (May 1) 80 $493,360 Started in May 2017 500 Completed during May 2017 460 Ending work in process (May 31) Total costs added during May 2017 $3,220,000 Degree of completion direct materiais. 90% conversion costs, 40%. Degree of completion direct materials. 80% conversion costs. 30%. 120 $1,392,000 Print Print | Done direct materials and conversion costs and assian costs to units completed (and transferred out) and A Reference Equivalent Units Direct Conversion Materials Costs 48 Flow of Production Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Equivalent units of work done in current period 380 380 Print Done