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The assembly division of Gannett Watches, Inc uses the weighted average method of process costing Consider the following data for the month of May 2017 (Click the icon to view the data) (Click the icon to view the equivalent unit computation) Road the ramen *** Begin by summarizing the total costs to account for Conversion Total Production Costs Direct Materials Costs Total costs to account for Data Table Conversion Costs $100,400 Physical Units Direct (Watches) Materials Beginning work in process (May 1) 70 $285,600 Started in May 2017 480 Completed during May 2017 440 Ending work in process (May 31) 110 Total costs added during May 2017 $3,230,000 a Degree of completion direct materials. 80%, conversion costs, 35%. bDegree of completion: direct materials, 70%, conversion costs, 40% $1,400,000 Print Done Con to view the equivalent unit computation.) wing data for the month of May 2017 Reference Equivalent Units Direct Conversion Physical Units Materials Costs Flow of Production Completed and transferred out during current period Work in process, ending 440 440 440 110 77 44 550 Accounted for 517 484 Work done to date Print Done BRE Requirement Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and assign costs to the units completed (and transferred out) and units in ending work in process. Print Done