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Homework: Chapter 17 - Homework Score: 0 of 15 pts 3 of 6 (3 complete E17-24 (similar to) The assembly division of Marzollo Time Pieces,

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Homework: Chapter 17 - Homework Score: 0 of 15 pts 3 of 6 (3 complete E17-24 (similar to) The assembly division of Marzollo Time Pieces, Inc. uses the weighted average method of process costing. Consider the following data for the month of May 2017: (Click the icon to view the data.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Enter the physical units first, then calculate the equivalent units. Data Table Physical Units Conversion Costs $71.250 Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Work in process, ending Physical Units Direct (Watches) Materials Beginning work in process (May 1)" 75 $432.500 Started in May 2017 520 Completed during May 2017 470 Ending work in process (May 31) 125 Total costs added during May 2017 $3,225,000 Degree of completion direct materials, 80%, conversion costs, 35% Degree of completion direct materials, 64%; conversion costs, 32% $1,395.000 Accounted for Equivalent units of work done to date Print Done Enter any number in the edit fields and then click Check Answer. Clear All part 1 remaining

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