The assembly division of Marzollo Time Pieces, 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.) (Click the icon to view the equivalent unit computation.) Read the requirement Begin by summarizing the total costs to account for. Total Direct Materials Conversion Costs Production Costs Total costs to account for Materials Costs 0 Data Table X Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) 80 $493,360 $91,040 Started in May 2017 500 Completed during May 2017 460 Ending work in process (May 31,6 120 Total costs added during May 2017 $3,220,000 $1,392,000 a Degree of completion: direct materials, 80%; conversion costs, 35%. Degree of completion: direct materials, 60%; conversion costs, 30%. Print Done Direct Conversion i Reference Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs 460 Completed and transferred out during current period Work in process, ending 460 460 120 72 36 Accounted for 580 Work done to date 532 496 Print Done