Bio Watch Corporation in a botech company CC proceng department Coed whe Bio Watch uses the FFO thod of processing the one for oly 2010 (Click the icon to view the data) Note that you first need to caldaie sie sprachent units of work done in the content period for direct materials and tenancy we make up that and concha in Requirement 1. Calotte the cost perquivalent to deed me and convenience in Food Enter the physical unas first and the call the qualities that call) Es Physical Direct Coro Flow of Production Materials Costs Work in process, beginning 12500 Started during current period S0000 To account for Completed and transferred out during a per DO From beginning work in process Started and completed Work process, ending Units Flow of Production Materials Costs Work in process beginning Started during current period 12500 50000 62500 42500 To account for Completed and transferred out during current period From beginning work in process Started and completed Work in process, ending Accounted for Work done to date Fotod and transferred out and Requirement 2. Summarize total costs to account for, and assign total costs to units completed (and transtered out and to units an ending work in process Begin by summarizing the total costs to account for Total Production Direct Conversion Costs Materials Costs Total costs to account for Next calculate cost per equivalent unit for direct materials and conversion costs (Round your cost per equivalent unit to four decimal placen) Direct Conversion Materials Costs Divide by Cost per equivalent unit for work done in current period Finally assign total costs to units completed and transferred and thinning work in protegin by the long the way answers to the nearest dolor Total D Canvas Costs Materih Completed and transferred out Total from beginning inventory Total costs of units completed and transferred out Total costs accounted for wing information for July 2018 is available Data cess, to start and co en calculate the total 0 ot Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, July 19 12,500 12,500 8,750 Started during July 50,000 Completed and transferred out during July 42,500 42,500 42,500 Work in process, July 310 20,000 20,000 10 000 Degree of completion direct materials, 100%, conversion costs, 70% "Degree of completion, direct materials, 100%, conversion costs, 50% Print Done Fiew total Total costs done in York in process, to start and complet E) and to ry, and then calculate the total costs Produd Costs Total Costs for July 2018 Work in process, beginning Direct materials Conversion costs Direct materials added during July Conversion costs added during July Total costs to account for $ 75,000 87,500 $ 162,500 350,000 463,750 $ 976,250 Print Done