Consider the following data for the assembly division of a satellite manufacturer (Click the icon to view the assembly division data.) The assembly division uses the weighted-average method of process costing. Required 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. 2. Calculate cost per equivalent unit for direct materials and conversion costs. CD Requirement 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units first, and then calculate the equivalent units. (Round your answers to the nearest cent.) Flow of Production Work in process, beginning - Physical Units Assembly division data Started during current period To account for Completed and transferred out during current period Work in process, ending Accounted for Work done to date Beginning work in process (May 1)" Started in May Completed during May Ending work in process (May 31) Costs added during May Physical Units (satellites) Direct Conversion Costs Materials 7 $5,430,000 $1,001,480) 60 51 16 $35,480,000 $15,355,000 "Degree of completion: direct materials, 90%; conversion costs, 40% "Degree of completion: drect materials, 60% conversion costs, 25% Print Done