The assembly division of Marzollo Time Pieces, Inc. uses the weighted-average method of process costing. Consider the following data for May 2020: (Click the icon to view the data.) Read the requirement. Begin by summarizing total costs to account for. Total costs to account for (Click the icon to view the equivalent unit computation.) Total Production Costs Direct Materials Conversion Costs In (0/1) Data table Physical Units Direct Conversion (Watches) Materials Costs 3 Beginning work in process (May 1) 82 $549,300 $96,550 Started in May 2020 505 Completed during May 2020 467 b Ending work in process (May 31) 120 Total costs added during May 2020 $3,235,000 $1,405,000 *Degree of completion: direct materials, 80%; conversion costs, 35%. Degree of completion: direct materials, 55%; conversion costs, 35%. Reference Flow of Production Completed and transferred out during current period Work in process, ending Accounted for Work done to date Equivalent Units Physical Direct Conversion Units Materials Costs 467 467 467 120 66 42 587 533 509