Part 1 of 5 Points: 0 of 10 Allure 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 Suppose Allure uses the FIFO method Information for June 2020 follows Click the icon to view the information) Read the requirements Requirement 1. Calculate equivalent units of work done in the current period (for transferred-in costs direct materials and conversion costs) to complete beginning work in process, to start and complete new units, and to produce ending work in process inventory (Enter a "0" for any zero balances) Equivalent Units Physical Units Transferred-In Direct Conversion (tons) Costs Materials Costs Work in process, beginning 80 145 Transferred-in during current penod To account for Completed and transferred out during current period From beginning work in process Started and completed Work in process ending 65 Accounted for Equivalent units of work done in current period ata table Physical Units (tons) Transferred-In Costs Direct Materials Conversion Costs 1 80 $ 73 000 $ OS 40,000 100% 0% 50% 145 Work in process, beginning inventory 2 (June 1) Degree of completion, beginning 3 work in process 4 Transferred-in during June Completed and transferred out 5 during June Work in process, ending inventory 6 (June 30) Degree of completion, ending work in process 7 160 65 100% 0% 60% Data table (tons) Costs Materials Costs 80 S 73,000 $ 0$ 40,000 100% 0% 50% 145 1 Work in process, beginning inventory 2 (June 1) Degree of completion, beginning 3 work in process 4 Transferred-in during June Completed and transferred out 5 during June Work in process, ending inventory 6 (June 30) Degree of completion, ending 7 work in process 8 Total costs added during June 160 65 100% 0% 60% $ 160 000 $ 36,000 $ 84,000 Requirements ang 1. Calculate equivalent units of work done in the current period (for transferred-in costs direct materials, and conversion costs) to complete beginning work in process, to start and complete new units, and to produce ending work in process inventory 2. Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs 3. Assign costs to units completed (and transferred out) and to units in ending work in process bceg for unit Print Done re