Determine the equivalent units of work done in July. Enter the physical units in first, then calculate the equivalent units. Physical Units Equivalent Units Direct Conversion Materials Costs Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Equivalent units of work done to date X Data table Direct Materials $195,000 Conversion Costs $8,000 a Physical Units (Banners) Work in process, (July 1) 1,300 Started in July 2020 ? Good units completed and transferred out in July 37,500 Normal spoilage 20,500 Abnormal spoilage 9,000 Work in process, July 31b 16,000 Total costs added during July 2020 Degree of completion direct materials 100%; conversion costs, 50% Degree of completion: direct materials, 100%; conversion costs 50% $220,000 $28,000 Print Done Summarize the total costs to account for, compute the cost per equivalent unit, and assign costs to the units completed, spoiled units, and units in ending work-in-process inventory. Begin by summarizing the total costs to account for Total Direct Conversion Production Costs Materials Costs Work in process, beginning Costs added in current period Total costs to account for Next, calculate cost per equivalent unit for each cost category. (Enter your answers to the nearest cent.) Direct Conversion Materials Costs Costs incurred to date Divide by: Equivalent units of work done to date Cost per equivalent unit for work done to date Finally, assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Total Direct Conversion Costs Production Costs Materials Good units completed and transferred out Cost before adding normal spoilage Normal spoilage Total cost of good units completed and transferred out Abnormal spoilage Work in process, ending Total costs accounted for