Asaya 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. Asaya uses the weighted average method of process costing. The following information for June 2017 is available. (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs. (Enter a "0"fo Data Table Equivalent Units Physical Units Transferred-In Conversion Direct Materials (tons) Costs Costs c E B Physical Units (tons) D Direct Materials Transferred-In Costs 65 Conversion Costs Work in process, beginning inventory (June 1) Transferred in during June 160 65 $ 58,500 $ 0 $ 32,500 To account for 100% 0% 40% Completed and transferred out during June 170 55 160 Work in process, ending inventory (June 30) Work in process, beginning inventory (June 21) Degree of completion, beginning work in process 4 Transferred-in during June 5 Completed and transferred out during June 6 Work in process, ending inventory (June 30) Degree of completion, ending work in process Total costs added during June 170 Accounted for 55 Equivalent units work done to date 100% 0% 60% $ 153,000 $ 46.750 $ 89,250 Requirements 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs. 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs. 3. Assign costs to units completed (and transferred out) and to units in ending work in process. Print Done