Data Table Direct Conversion Physical Units Transferred-In Costs Materials Costs (tons) 0 S 0% 28,500 85,500 S 95 $ Work in process, beginning inventory (June 1) 40% 100% Degree of completion, beginning work in process Transferred-in during June Completed and transferred out during June Work in process, ending inventory (June 30) 140 190 45 60% 0% 100% Degree of completion, ending work in process Total costs added during June 96,900 52,250 $ 171,000 $ Requirements 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs 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. 2. 3. Trendy 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. Trendy 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 requirement Requirement 1 . Calculate equivalent units of transferred-in costs, direct materials, and conversion costs. (Enter a "O. for any zero balances.) Equivalent Units Direct Materials Physical Units Transferred-In Conversion (tons) Costs Costs Work in process, beginning inventory (June 1) Transferred in during June To account for Completed and transferred out during June Work in process, ending inventory (June 30) Accounted for Equivalent units work done to date 95 140 190 45 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 "O for any zero balances.) Direct Total Transferred-In Conversion ts Costs Materilals Costs Production 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-nDirect Conversion CostsMaterials Costs Divide by Requirement 3. Assign costs to units completed (and transferred out) and to units in ending work in process. (Enter a "O" for any zero balances. Round your answers to the nearest whole dollar.) Total Transferred-In Direct Conversion Production Costs Costs Materials Costs Assignment of costs Completed and transferred out Work in process, ending Total costs to account for