+ file:///C:/Users/elena/Desktop/Acct%20227%20Assignment%203%20W20.pdf Acct 227 Assignment 3 1 of 1 O Fit to page Page view A" Read aloud Add notes QUOVITV (26 M The Townsend Tractor Company manufactures small garden tractors on a highly automated assembly line. Its' costing system uses two cost categories, direct materials and conversion costs. Each tractor must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Townsend Tractor uses weighted-average costing. Data for the Assembly Department for April are: Work in process, beginning inventory Direct materials (100% complete) Conversion costs (40% complete) Units started during April Work in process, ending inventory: Direct materials (100% complete) Conversion costs (80% complete) Costs for April Work in process, beginning inventory: Direct materials Conversion costs Direct materials costs added during April Conversion costs added during April 40 units 1,200 units 250 units $230,000 $220,000 $700,000 $1,175,000 a). (3 Marks) What are the Townsend Company equivalent units for direct materials and conversion costs, respectively, for April? b) (3 Marks) What is the total amount credited to the Townsend Company Work-in-Process account during the month of April? c) (3 Marks) What is the Townsend Company direct materials cost per equivalent unit during April? d) (3 Marks) What is the Townsend Company conversion cost per equivalent unit in April? e) (2 Marks) What amount of direct materials costs are assigned to the Townsend Company ending Work-in-Process account for April? f) (2 Marks) What amount of conversion costs are assigned to the Townsend Company ending Work-in-Process account for April? g) (6 Marks) Prepare the journal entries required for the month of April for Townsend Company for this process costing system. PO 1 DG