The assembly division of Stiles Watches, 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. Data Table - X Physical Flow of Production Units Physical Units Direct Conversion Work in process beginning (Watches) Materials Costs Started during current period Beginning work in process (May 1) 82 $549,300 $96,550 To account for Started in May 2014 505 Completed during May 2014 467 Completed and transferred out during current period Ending work in process (May 31)b 120 Work in process, ending Total costs added during May 2014 $3,235,000 $1,405,000 Degree of completion: direct materials, 90%; conversion costs, 40%. Accounted for Degree of completion: direct materials, 55%, conversion costs, 35%. Equivalent units of work done to date Print Done