Gannett Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments the assembly department and the finishing department. This problem focuses on the assembly department. The process costing system at Gannett has a single direct cost category (direct materials) and a single indirect-cost category (conversion costs) Direct materials are added when the assembly department process is 10% complete Conversion costs are added evenly during the assembly department's process. Gannett uses the FIFO method of process costing. Consider the following data for the assembly department in April (Click the icon to view the data.) (Click the icon to view the total costs assigned under the weighted average method.) - ~ Data table anut pra catd sse Probly depe st category llete. Con a for the a Conversion Costs $1,239 -th Physical Units Direct (Frames) Materials 90 Work in process, April 10 $2,110 Started during April 520 Completed during April 470 140 Work in process, April 30" Total costs added during April $19,240 Degree of completion direct materials, 100%, conversion costs, 40%. Degree of completion: direct materials, 100%; conversion costs, 35% $9,660 units in ze 1) nys Print Done - X Total costs assigned under weighted average method Total Direct Conversion Costs Production Costs Materials Completed and transferred out $ 26,320 $ 5,929 16,450 $ 4,900 9,870 1,029 Work in process, ending EA 32,249 $ 21,350 $ 10,899 Total costs accounted for Equivalent Units Direct Conversion Materials Costs Physical Units (tons) 90 520 Work in process, beginning Transferred-in during current period 610 To account for 90 470 470 470 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 140 140 140 610 610 6101 Total Direct Conversion Production Costs Materials Costs Work in process, beginning Costs added in current period Total costs to account for Next calculate cost per equivalent unit for direct materials and conversion costs. CE Direct Conversion Materials Costs Divide by Equivalent units of work done in current period Cost per equivalent unit Assinn total rnate in uniterminated (and transferred it and to unite in andinn work in nero Ranin w ramatinn the total from herinninn Inventory and CEED Total Production Costs Direct Materials Conversion Costs Completed and transferred out Work in process, ending Required Total from beginning inventory Total costs of units completed and transferred out Total costs accounted for Weighted average FIFO Difference Cost of units completed and transferred out Work in process, ending Total costs accounted for likely