Requirement 

Compute equivalent units for direct materials and conversion costs. 

The assembly division of Quality Time Pieces, Inc. uses the weighted-average method of process costing. Consider the following data for the month of May 2020: 5 7 8 9 10 11 12 13 14 15 16 17 Beginning work in process (May 1)" Started in May 2020 Completed during May 2020 Ending work in process (May 31) Total costs added during May 2020 "Degree of completion: Direct materials Conversion costs Degree of completion: Direct materials Conversion costs Physical Units (Watches) 100 510 450 160 80% 35% 80% 40% Direct Materials $459,888 Conversion Costs $142,570 $3,237,000 $1,916,000