Data table Physical Units Direct Conversion (Car Seats) Materials Costs Work in process, October 1a 4,000 $1,248,000 $241,650 Started during October 2017 22,500 Completed during October 2017 26,000 Work in process, October 31 500 Total costs added during October 2017 $4,635,000 $2,575,125 a Degree of completion: direct materials, 2%; conversion costs, 45%. "Degree of completion: direct materials, 2%; conversion costs, 65%. Reference - al Direct Conversion Materials Costs Costs incurred to date $ 5,883,000 $ 2,816,775 Divide by equivalent units of work done to date 26,500 26,325 $ Cost per equivalent unit for work done to date 222 $ 107 Total Direct Conversion Production Costs Materials Costs Completed and transferred out $ 8,554,000 $ 5.772,000 $ 2,782,000 Work in process, ending 145.775 111,000 34.775 $ Total costs accounted for 8,699,775 S 5,883,000 $ 2,816,775 bly Print Done Requirement 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule. (F Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Accounted for Equivalent units of work done in current period only nierteher 0017 and calidate the strivalent unit Requirement 2. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit. Begin by summarizing the total costs to account for Direct Conversion Total Production Costs Materials Costs Total costs to account for Next calculate cost per equivalent unit for direct materials and conversion costs. Direct Materials Conversion Costs Divide by Cost per equivalent unit for work done in current period Requirement 3. Assign total costs to units completed and transferred out and to units in ending work in process. Begin by calculating the total from beginning inventory, then calculate the total costs accounted for. (Abbreviation used, WIP = work in process. For amounts with Total Conversion Direct Materials Production Costs Costs Completed and transferred out: Total from beginning inventory Total costs of units completed and transferred out Requirement 4. Eyference between the assembly ender the weighted average and and the Food The con perunt be to this because each methodne as theme of the caktion. The method and the wave made QUE Un in the drama Requirements. She answer choose te weged-wrage the FIFO med? Elly then by completing the 16e bewusunarines the cores aged to units completed and those will proces under the way wagowe Fomen.com veron, FO Difference Costot units com idade Woonde Tootsis for Homagers should considere metod because evenough per income and cow of goods, May have med snow higher income to manage comes with operating recenthal Wed by s come. Alle Fotos poste domation for managing the business because