Classic Clothing, Inc., is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing departn Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Suppose that Classic uses the FIFO method. The following information for June 2017 is available EE (Click the icon to view the information.) Read the requirement Requirement 1. Calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion costs) to complete begin work in process, to start and complete new units, and to produce ending work in process. (Enter a "O" for any zero balances.) Equivalent Units Direct Materials Conversion Physical Units Transferred-In (tons) Costs Costs 65 Work in process, beginning Transferred-in during current period To account for Completed and transferred out during current period 110 From beginning work in process Started and completed 45 Work in process, ending Accounted for Requirement 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs Begin by summarizing the total costs to account for. (Enter a "0" for any zero balances.) Total Transferred-In Direct Conversion Costs Production Costs Materials Costs Total costs to account for Calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs. (Round your answers to the nearest cent.) Transferred-In Direct Conversion Costs Materials Costs Divide by Cost per equivalent unit Requirement 3. Assign costs to units completed (and transferred out) and to units in ending work in process. Begin by calculating the total from beginning inventory, then calculate the total costs accounted for. (Enter a "O" for any zero balances. Round your final answers to the nearest whole dollar.)