Gable Company manufactures car seats in its Seattle plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. (Click the icon to view information about Gable Company's process-costing system.) Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your sched Equivalent Units Physical Direct Conversion Units Materials Costs 5,400 21,000 26,400 Flow of Production 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 Requirement 2. For each cost category, summarize total assembly department costs for October 2017 and calculate the co Begin by summarizing the total costs to account for. Total costs to account for pages Get more help. 5,400 19,100 1,900 26,400 Total 19,100 1,900 21,000 Direct Production Costs Materials 2,700 19,100 1,330 23,130 CITE Conversion Costs Data for the assembly department for October 2017 are as follows: (Click the icon to view the assembly department data.) ENClick the icon to view the weighted average cost per equivalent unit data and total costs accounted for) X Reference Data table Work in process, October 1 Started during October 2017 Completed during October 2017 Work in process, October 31 Total costs added during October 2017 $4,305,000 $2,567,430 "Degree of completion: direct materials, ?%, conversion costs, 50%. "Degree of completion: direct materials, ?%; conversion costs, 70%. Costs incurred to date. Divide by equivalent units of work done to date Cost per equivalent unit for work done to date. Completed and transferred out Work in process, ending Total costs accounted for Print S $ Direct Materials $ 5,649,600 S 26,400 214 $ $ Physical Units Direct Conversion (Car Seats) Materials Costs 5,400 $1,344,600 $377,190 21,000 24,500 1,900 Total Production Costs 8,036,000 S 558,220 8,594,220 S Done Conversion Costs 2,944,620 25,830 114 Direct Materials 5,243,000 $ 406,600 5,649,600 $ Conversion Costs 2,793,000 151,620 2,944,620 Che

Print Done Gable Company manufactures car seats in its Seattle plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. (i) (Click the icon to view information about Gable Company's process-costing system.) Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. requirement Z. 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. More info The process-costing system at Gable Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Gable Company uses the FIFO method of process costing. period only Requirements 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. 2. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit 3. Assign total costs to units completed and transferred out and to units in ending work in process. 4. Explain any difference between the cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method. 5. Should Gable's managers choose the weighted-average method or the FIFO method? Explain briefly. Print Done Gable Company manufactures car seats in its Seattle plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. (i) (Click the icon to view information about Gable Company's process-costing system.) Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. requirement Z. 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. More info The process-costing system at Gable Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Gable Company uses the FIFO method of process costing. period only Requirements 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. 2. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit 3. Assign total costs to units completed and transferred out and to units in ending work in process. 4. Explain any difference between the cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method. 5. Should Gable's managers choose the weighted-average method or the FIFO method? Explain briefly