Classic Clothing, Inc., is a manufacturer of winter clothes. It has a knighting department end a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the product the process. Suppose that Classic uses the FIFO method. The following information for June 2014 is available. Requirements Calculate equivalent units of work done 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 Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred in costs, direct materials, and conversion costs Assign costs to units completed (and transferred out) and to units in ending work in process