18-19 Weighted-average method, equivalent units and unit costs. Consider the following data for LO 3 the assembly division of a satellite manufacturer: 2. Direct mate equivalent uni Physical Units Direct Conversion (satellites) Materials Costs Beginning work-in-process (May 1)* 8 $ 5,426,960 $ 1,001,440 Started in May 55 Completed during May 51 Ending work-in-process (May 31) 12 Costs added during May $35,420,000 $15,312,000 *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