Gold Inc. manufactures jewelry. The company has two departments, Cutting and Finishing. For the Cutting Department, material is added when the process is 75% complete. Work happens evenly throughout the process, so Conversion Costs are added evenly to the product. Once cutting is complete, the jewelry pieces are immediately transferred to the Finishing Department. Once the finishing is complete, the final product is transferred to Finished Goods Inventory. Data for the Cutting Department is as follows: Direct Units Materials $% Complete Conv Costs % Complete Opening WIP 450 New units & Costs Ending WIP 1,200 250 $2,800 $8,100 0% $2,100 $14,000 ??? 60% 80% (3 marks) Calculate the physical and equivalent units for Direct Materials and Conversion Costs