The assembly division of Fenton Watches, Inc. uses the weighted-average method of process costing. Consider the following data for May 2020: B (Click the icon to view the data.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units first, then calculate the equivalent units. - Equivalent Units Data table Direct Conversion Physical Units Flow of Production Materials Costs Work in process beginning Physical Units Direct Conversion Started during current period Costs $83,200 To account for Completed and transferred out during current period (Watches) Materials Beginning work in process (May 1) 85 $464,000 Started in May 2020 510 Completed during May 2020 450 Ending work in process (May 31) 145 Total costs added during May 2020 $3,215,000 a Degree of completion: direct materials, 80%; conversion costs, 35%. bDegree of completion: direct materials, 80%; conversion costs, 40%. Work in process, ending $1,390,000 Accounted for Equivalent units of work done to date Print Done