Chilly 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 ad evenly during the process. Chilly 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. Requirements Requirement 1. Calculate equivalent units of transferred-in costs, dire 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs. Physical Units (tons) Work in process, beginning inventory (June 1) 70 135 Transferred in during June To account for Completed and transferred out during June 165 40 Work in process, ending inventory (June 30) Accounted for Equivalent units work done to date 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 -