Equivalent Units Direct Physical Direct Conversion Flow of Production Units Materials Costs Completed and transferred out during current period 51 51 51 Physical Units Conversion (satellites) Materials Costs Beginning work in process (May 1) 12 $5,430,000 $1,001,490 Started in May 90 Completed during May 51 Ending work in process (May 31) 51 Costs added during May $35,490,000 $15,345,000 a Degree of completion: direct materials, 90%, conversion costs, 40%. Degree of completion: direct materials, 65%, conversion costs, 35%. 51 Work in process, ending 33 18 102 Accounted for 84 69 Work done to date Consider the following data for the assembly division of a satellite manufacturer: Click the icon to view the assembly division data.) (Click the icon to view the equivalent unit computation.) The assembly division uses the weighted average method of process costing. Required Summarize total costs to account for and assign these costs to units completed (and transferred out) and to units in ending work in process. Work in process, beginning $ 6,431,490 $ 5,430,000 $ 50,835,000 35,490,000 1,001,490 15,345,000 Costs added in current period $ 57,266,490 $ 40,920,000 $ 16.346.490 Total costs to account for Next calculate cost per equivalent unit for direct materials and conversion costs. (Round your equivalent units of work done to date to the nearest whole number. Round your cost per equivalent unit to the nearest cent.) Direct Conversion Costs incurred to date Materials Costs $ 40,920,000 $ 16,346,490 84 69 Divide by: Equivalent units of work done to date $ 487,142.86 $ 236,905.65 Cost per equivalent unit for work done to date Finally, assign total costs to units completed (and transferred out) and to units in ending work in process. (Round your answers to the nearest dollar.) Total Direct Conversion Production Costs Materials Costs Completed and transferred out Work in process, ending Total costs accounted for