The Swiss Clock Shop manufactures clocks. Its costing system utilizes two cost categories; direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Swiss Clock Shop uses weighted-average method of process costing. Data for the Assembly Department for May 2012 are: Beginning Work in process inventory 250 units Direct materials (100% complete) Conversion costs (50% complete) Units started during May Ending Work in process inventory Direct materials (100% complete) Conversion costs (75% complete) Costs for May 2012 Beginning Work in process inventory Costs added during May 800 units 150 units (For each item below select from the drop-down list.) Direct materials Conversion costs $180,000 1,000,000 $ 270,000 1,000,000 a) What is the number of units completed and transferred out during May? Ans. units b) What is the number of equivalent units for conversion costs for May? Ans. = units c) What amount of conversion costs is assigned to ending Work-in-Process account for May? Ans. = 5