The assembly division of Gannett Watches, Inc. uses the weighted-average method of process costing. Consider the following data 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 schedule Enter the physical units first, then calculate 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 90 515 605 465 140 605 465 465