Consider the following data for the Assembly Division of a satellite manufacturer:

Degree of completion: direct materials, 90%; conversion costs, 40%.
€ Degree of completion: direct materials, 60%; conversion costs, 30%.
The Assembly Division uses the weighted-average method of process costing.
REQUIRED
1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.
2. Calculate cost per equivalent unit for direct materials and conversion costs.

Physical Units Direct Conversion (satellites) Materials Costs 5,426,960 1,001,440 Beginning work in process (May )* Started in May 2012 Completed during May 2012 Ending work in process (May 31) Costs added during May 2012 51 12 $35,420,000 S15,312,000