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 2014 ?(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 Data Table 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 Physical Units Direct Conversion Materials 800 Costs 800 Beginning work in process (May 1)105 Started in May 2014 Completed during May 2014 Ending work in process (May 31) Total costs added du "Degree of completion: direct materials, 90%; conversion costs, 40% "Degree of completion: direct materials, 60%; conversion costs, 20% 485 445 145 2014 $3,190,000 $1,420,000 PrintDone