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. Suppose Asaya uses the FIFO method. Information for June 2020 follows:

RIQRUIREMENTS:

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 inventory.
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.

Data table A B D E Physical Units (tons) Transferred-In Costs Direct Materials Conversion Costs 1 75 $ 52,500 $ 0$ 22,500 100% 0% 60% 135 2 Work in process, beginning inventory (June 1) 3 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) 7 Degree of completion, ending work in process 150 60 100% 0% 75% 8 Total costs added during June $ 150,000 $ 37,500 $ 79,500 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 inventory. (Enter a "0" for any zero balances.) Equivalent Units Physical Units Transferred-In Direct Conversion (tons) Costs Materials Costs Work in process, beginning 75 135 Transferred-in during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed 60 Work in process, ending Accounted for Equivalent units of work done in current period