18-19 Weighted-average method, equivalent units and unit costs. Consider the following data for the assembly division of a satellite manufacturer: Physical Units Direct Conversion [satellitesl Materials Costs Beginning work-in-process (May 11* 8 $ 5,420,960 $ 1,001,440 Started in May 55 Completed during May 51 Ending work-in-process [May 3111 12 Costs added during May $35,420,000 $15,312,000 *Dsgree of completion: direct materials, 90%; conversion costs. 40%. 1Degree 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. 18-20 Weighted-average method, assigning costs {continuation of Exercise 18-19}. Required For the data in Exercise 18-19, summarize total costs to account for, and assign these costs to units com- pleted (and transferred out] and to units in ending work-in-process. 18-21 FIFO method, equivalent units and unit costs. Refer to the information in Exercise 18-19. Suppose the assembly division uses the FIFO method of process costing instead of the weightedaverage method. Required 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the fir- column of your schedule. 2. Calculate cost per equivalent unit for direct materials and conversion costs. L09 2. Direct materials cc: equivalent unit, $701 , (a L09 Conversion cost per en unit of work done to d $298,780.95 L00 2. Direct materials co: equivalent unit, $694, ['1 LJ