The e embly division of Marzollo Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for the month of May 2017 ck the icon to view the data.) (Click the icon to view the equivalent unit computation) S Requirement a rize the total costs to account for calculate the cost per equivalent unit for direct matenals and conversion costs, and assign costs to units completed (a Ir arred out) and to units in ending work in process. by summarizing the total costs to account for Total Direct Materials Conversion Costs Production Costs ork in process, beginning Total costs to account for Next, calculate cost per equivalent unit for direct materials and conversion costs Direct Conversion Materials Costs Divide by Cost per equivalent unit Choose from any list or enter any number in the input fields and then continue to the next question 1 Data Table Conversion Costs $96,550 515 Physical Units Direct (Watches) Materials Beginning work in process (May 1) 110 $543,000 Started in May 2017 Completed during May 2017 465 Ending work in process (May 31) Total costs added during May 2017 $3,690,000 Degree of completion direct materials, 70%; conversion costs, 50%. Degree of completion: direct materials, 65%; conversion costs, 35%. 160 $1,211,600 Print Done i Reference Equivalent Units Direct Conversion Materials Costs Flow of Production Completed and transferred out during current period: From beginning work in process Started and completed 55 355 355 104 Work in process, ending 492 Equivalent units of work done in current period Print Done 16