The assembly division of Canterbury Watches, Inc. uses the weighted average method of process costing. Consider the following data for the month of May 2017: (click the loon to view the data.) Requirement Computo equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units first, then calculato the equivalent units. Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning Started during current period To account for Completed and transferred out during current period Work in process, ending Accounted for Equivalent units of work done to date Conversion Costs $96,800 Physical Units Direct (Watches) Materials 105 Beginning work in process (May 1) $480,800 Started in May 2017 485 Completed during May 2017 445 145 Ending work in process (May 31) Total costs added during May 2017 $3,190,000 Degree of completion: direct materials, 80%; conversion costs, 35%. Degree of completion: direct materials, 60%; conversion costs, 20%. $1,420,000 b