estion 3 (10 Marks; 15 Minutes) nsider the following data for the assembly division of a satellite manufacturer Physical Units (satellites) Direct Materials Conversion Costs Beginning work in process (May 1) 11 $5,470,000 $1.001,450 Started in May BO Completed during May 45 Costs added during May Ending work in process (May 31) 45 $35,440,000 $15.340,000 "Degree of completion direct nates, 90% conversion 47% "Degree of completion direct mate 68% conversion costs 30% 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. Equivalent Units Flow of Production Physical Units Direct materials Conversi costs Work in process, beginning 11 Started during cument period 80 To account for 91 Completed and transferred out during current period Work in process, ending Accounting for Work done to date Calculate cost per equivalent unit for direct materials and conversion costs.