The assembly division of Gannett Watches, Inc. uses the weighted average method of process costing. Consider the following dat for the month of May 2017: 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 thothedule. Enter the physical units first, then calculate the equivalent units. Physical Units Equivalent Units Direct Conversion Materials Costs Flow of Production 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 Idole b ir Conversion Costs $71,250 tra Physical Units Direct (Watches) Materials Beginning work in process (May 19 75 $432,500 Started in May 2017 520 Completed during May 2017 470 Ending work in process (May 31) 125 Total costs added during May 2017 $3,225.000 Degree of completion: direct materials, 80%; conversion costs, 35% Degree of completion: direct materials, 64%; conversion costs, 32% $1,395,000 SO