Homework: Ch18 Homework Assignment F21 Question 3, Exercise 18-... Part 1 of 3 Consider the following data for the assembly division of a satellite manufacturer Click the icon to view the assembly division data) 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 Requirement 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule Enter the physical units first, and then calculate the equivalent units (Round your answers to the nearest cent) Physical Units Flow of Production Work in process, beginning Started during current period To account for Completed and transferred out during current period Work in process, ending Accounted for Work done to date - X Assembly division data Physical Units Direct Conversion (satellites) Materials Costs Beginning work in process (May 1) 8 $5.450,000 $1,001 460 Started in May 80 Completed during May 47 41 Ending work in process (May 31) Costs added during May $35.480.000 $15,320,000 Degree of completion direct materials, 90% conversion costs 4096 Degree of completion direct materials 55% conversion costs, 25%