The Sutton Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: (Click the icon to view the work-in-process information.) The company completed 33,000 units during March Manufacturing costs incurred during March were direct materials costs of $179,300 and conversion costs of $333,000. Inventory at March 1 was carried at a cost of $20,990 (direct materials, $7,540 and conversion costs, $13,450) Assuming Sutton uses FIFO costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory Begin by entering the physical units in first, then calculate the equivalent units. Flow of Production Work in process, beginning Started during current period as.. To account for Completed and transferred out during current period From beginning work in process Started and completed. Work in process, ending Accounted for Equivalent unts of work done in current period Next, summarize the total costs to account for dba Equivalent Units Physical Direct Units Materials Conversion Costs Data table Total Direct Production Costs Materials Conversion Costs Total costs to account for Now calculate cost per equivalent unit for direct materials and conversion costs. Direct Materials Conversion Coste Divide by Cost per equivalent unit Percentage of Completion Direct Materials Conversion Costs March 1 (5,000 units) March 31 (2,000 units) 40% 10% 80% 40% Print Done Finally, assign total costs to units completed (and transferred out) and to units in ending work in process (WIP). Begin by calculating the total from beginning inventory, then calculate the total costs accounted for. Completed and transferred out Total from beginning inventory Total costs of units completed and transferred out Total costs accounted for Total Direct Conversion Production Costs Materials Costs