Ding Dong Ditch Company manufactures culverts in its assembly department. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Physical Units Dir Mtls Conversion Costs Beg WIP (a) 76 $28,450 $521,500 Started during April 60 Completed and transferred out 126 End WIP (b) 10 Standard Costs: Materials $12,500 per unit Conversion Costs $34,500 per unit (a)Degree of completion: Dir Mtls 100% Conversion Costs 35% (b) Degree of completion: Dir Mtls 100% Conversion Costs 55%

What is the balance in ending work-in-process inventory? Group of answer choices $288,490 $314,750 $514,855 $175,960

Which of the following journal entries records the total conversion costs variances of the Assembly Department, assuming that actual conversion costs are $4,161,908? Group of answer choices Assembly Department Conversion Costs Allocated 3,619,050 Conversion-Cost Variances 542,858 Assembly Department Conversion Cost Control 4,161,908 Assembly Department Conversion Costs Allocated 3,542,030 Conversion Cost Variances 619,878 Assembly Department Conversion Cost Control 4,161,908 Assembly Department Conversion Costs Allocated 4,161,908 Direct Materials Variances 542,858 Finishing Department Conversion Cost Control 3,619,050 Work in Process Assembly 4,161,908 Conversion-Cost Variances 542,858 Assembly Department Conversion Cost Control 3,619,050