The assembly division of Quality 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 Conversion Production Costs Materials Costs Total costs to account for cd Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) 100 $459.888 $ 142,570 Started in May 2017 510 Completed during May 2017 450 Ending work in process (May 31) 160 Total costs added during May 2017 $3,237,000 $1,916,000 Degree of completion direct materials, 80%; conversion costs, 35%. Degree of completion direct materials, 80%, conversion costs, 40% Print Done any