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assembly division The assembly division of Walton Time Pieces, Inc. uses the weighted-average method of process costingConsider the following data for May 2020 Click the
assembly division
The assembly division of Walton Time Pieces, Inc. uses the weighted-average method of process costingConsider the following data for May 2020 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 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, unding Accounted for Equivalent units of work done to date Data table - X Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) 80 $493,360 $91,040 Started in May 2020 500 Completed during May 2020 460 Ending work in process (May 31,6 120 Total costs added during May 2020 $3,220,000 $1,392,000 Degree of completion: direct materials, 80%, conversion costs, 35%. Degree of completion: direct materials, 60%, conversion costs, 30%. Print Done Step by Step Solution
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