Bermian Compey manufacturee car seats in its Tuse plent Each cer seet pesse8 through the sesembly department and the tesing department. This problenm toaese on the Aksembly department Data for the essembly department for October 2017are s folows EER (Cick the icon to view the assembly depertment dala.) (Cick the Icon to view the weighted-sverage cast per cquivalent unit data and total costs accounted for. Read the uimens Click the ion to view informetion about Berrian Company's process-coeting system) Requirement 1. For eeohcost citegory, comipule equivalent units in th"ssembly depertmenL Shu- ler "0" " theappropriate cell ) Equivalent Units Data Table Physical Direct Conversion Flow of Production LInitsMarerlals 5,000 Work in provess begining Startad during curant pariod To account for Completed and transferred out during current period Physical Unis Direct Convarsion Saats) Matials 28,000 Work in process, October 1 Started during October 2017 Completad duing October 2017 2 000 Reference From beginning work in process 5.000 in procoss, Ocbobar 31 Total costs added during October 2017 "Degree of completon: direct materials, ?%; conversion costs 90%. Degree of completion: direct materials ?%; conversion costs 75%. $4 876,000 32,597,000 21,000 21000 Started and cumpleled Work in procsss, andng Accounted for Equivslent units of work done in curret period ony Requirement 2. For each cost category, summarize total assambly department costs fer Octaber 20 Begin by summarizing the total cests to account for 2000 1,500 Direct Coersion Materiuls 6.356 CCO 3,000,000 28.000 Costs 23000 24,500 Print Done Costs Incumed to dato Divide by equivalent units of wurk due to date Cast per aquivalent unit for work done to dat 28cc02500 227 Total Direct Production Costs Materials Costs Production CostsMatorials Costs Completed nd tareferred uut Wark in procoss, andig Total costs accounted for 8,814,000 S 5,502000 2,912,000 454 000 Work in process, beginning Costs added in current pariod Total costs to accountfor Ncxt calculatc cost par cquralent unit for dircct materials and conversion costs 5 183 000 876,000 9000 .436 00D 5 6.356,000 3080 000 1953 000 1180,000 622,000 7473,0004 5,436,000 5 6356000 5 3.080,000 Prin Done Enter any number in the cot tickds and then click Check Anower Direct Conversion Materials Costs s addad in currant pariod 23,000 24,500 Divide by equivalent units of work done in current perid Cost per equivalent unit for work done in curent period Requirement 3. Assgn totsl coels lo urils compleled and trarsferred oul and lo units in eing work in process. 212 S 106 e m by calculating the otel rom be nmng r ventury e calculate lhe lula custs accour e for trev ation used w P-work " process. For mounts w $0 b alance mite sure w enter h appropr Total Direct Conversion 1. For each cost category, compute squivalent units in the assembly department. Show 2. For eath cost category, summarice tutal assembly department custs for October 2017 and 3. Assign lotsl custs to unils compleled nd transferred out and to units in ending work in 4. Explain eny difTerence betneen the cost per equivalent unit in the essembly depetment 5. Should Berrian's managers choose the weighted-average method or the FIFO method? Production Costs Muterials More Inf physicel units in the firsl column of your scthedule cakulele he cost per ecuivalent unit process under the waighted-average method and the FiFto mathed Explain hriaty Comploted and transierred out Work in process, beginning 1,963,000 S 1,480,000 S483,000 The process-costing system at Berrian Company has a single direct-cost category Costs addad to bagihring WIP n cumaant parlod 212,000 otal fram bagining Imentory Sterted and completed 2,175,000 678,000 4,452,000 8,853,000 materials are added at the beginning of the procese. Conversion costs are edded avanly during the procesa Whan the Rssambly departmant inishes wark on ach car saat, it i Immadiataly transfamad so sesting Baman Company uses tha FIF method of procass coing 2,225,000 Total costs of units completed and transtemed ou 583,000 24,000 59,000 Work in process, ending Total costs eccounted for Requiterment 4. Explsm anv diference between the cust p equnalent unit m the assembly department underthet westted everage method and he FIFO rmethod. The cost per equivalent unit difiers beteen the two methads because each method uses different costs as the numerator of the cakculation. The FIFO method uses only the costs added during the current period coats fram tha baginning work-in-pocass as wall as costs addsd during the curant parlod. Both mathods usa dint quivalant units I tha danominator Print Done Print Done ,436,000 6356,000 3,000,000 and the weighted average method uses Requirement 5. Should Berrian's managers choose the weighted-average method or the FIFO method? Explain briefly. Begin by completing the table below that summarizes the costs assigned to units completed and those still in process under the weighted-average and FIFO process-costing methods. Weighted-average FIFO Difference Cost of units completed and transferred out Work in process, ending Total costs accounted for 8,853,000 583,000 9,436,000 9,436,000 $