Toronto Titanium Corporation manufactures a highly specialized titanium sheathing material that is used extensively in the aircraft industry. The following data have been compiled for the month of June. Conversion activity occurs uniformly throughout the production process. Work in process, June 1-50,000 units Direct materia 100% complete, cost of 240,500 Conversion 40% complete, cost of 141,200 Balance in work in process, June 1 381,700 Units started during June 210,000 Units completed during June and transferred 200,000 out to finished-goods inventory Work in process, June 30 Direct material: 100% complete Conversion: 60% complete Costs incurred during June: 487,500 Direct material Conversion costs: Direct labor 82,700 248,100 Applied manufacturing overhead Total conversion costs 330,800 Required: Prepare schedules to accomplish each of the following process-costing steps forthe month of June. Use the weighted-average method of process costing. 1. Analysis of physical flow of units. Physical Units Total units to account for Total units accounted for 2. Calculation of equivalent units. Equivalent Units Physical Direct Conversion Material Units 0 Total units accounted for Total equivalent units