= Homework: Ch 17 Hwk Question 11, E17-24 (sim... Part 1 of 2 HW Score: 37%, 37 of 100 points O Points: 0 of 15 Save The assembly division of Cranberry 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.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units first, then calculate the equivalent units. - X Data Table Physical Units Conversion Flow of Production Work in process beginning Costs $96,550 Started during current period Physical Units Direct (Watches) Materials Beginning work in process (May 1) 82 $549,300 Started in May 2017 505 Completed during May 2017 467 Ending work in process (May 31,5 120 Total costs added during May 2017 $3,235,000 Degree of completion: direct materials, 80%, conversion costs, 35%. Degree of completion: direct materials, 55%; conversion costs, 35%. To account for $1,405,000 Completed and transferred out during current period Work in process, ending Accounted Equivalent units of work done to date Print Done Help Me Solve This e Text Pages Get More Help Clear All Check