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.) (Click the icon to view the equivalent unit computation.) i Data Table Read the requirement. Begin by summarizing total costs to account for. Conversion Total Costs $83,200 Work in process, beginning Direct Conversion Production Costs Materials Costs S 547,200 $ 464,000 $ 83.200 4,605,000 3,215,000 1,390,000 S 5,152,200 $ 3,679,000 $ 1,473,200 Physical Units Direct (Watches) Materials 85 Beginning work in process (May 1) $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 Degree of completion: direct materials, 80%; conversion costs, 35%. Degree of completion direct materials, 80%; conversion costs, 40%. Costs added in current period $1,390,000 Total costs to account for Next, calculate cost per equivalent unit for direct materials and conversion costs. Direct 0 Reference Conversion Materials Costs Divide by Cost per equivalent unit Physical Units Equivalent Units Direct Conversion Materials Costs 450 450 Flow of Production Completed and transferred out during current period Work in process, ending 450 145 116 58 595 Accounted for 566 505 Work done to date Choose from any list or enter any number in the input fields and then click Check Answer. ? Print Done 1 part remaining k