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Homework: Unit 6-2 HW Chapter 17 Score: 0.29 of 1 pt E17-29 (similar to) 1 4 of 9 14 complete HW Score: 30.9%, 3.09 of

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Homework: Unit 6-2 HW Chapter 17 Score: 0.29 of 1 pt E17-29 (similar to) 1 4 of 9 14 complete HW Score: 30.9%, 3.09 of 10 pts Question Help Victory Corporation makes interlocking children's blocks in a single processing department Direct materials are added at the start of production Conversion costs are added evenly throughout production. Victory the weighted-average method of process costing. The following information for October 2017 is available II (Click the icon to view the equivalent unit information) Click the icon to view the cost information) Read the requirements 0 Data Table 0 Data Table Work in proces Cost added Total costs to a Total Costs for October 2017 Work in process, beginning Direct materials Now calculated amounts to $ 8.000 Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, October 1 20.000* 20.000 17.000 Started in October 40,000 Completed and transferred out during October 10,000 10,000 10,000 Work in process, October 31 50,000 50,000 15,000 "Degree of completion direct materials, 100% Conversion costs, 35% "Degree of completion direct materials, 100% conversion costs, 30% 20.000 $ 28.000 Conversion costs Direct materials added during October Conversion costs added during Completed and Divide by es Total costs to account for $ 129.000 Cost per equie Print Done Choose from a Print Done 1 part Clear All Check Answer i Requirements 1. Calculate cost per equivalent unit for direct materials and conversion costs. 2. Summarize the total costs to account for, and assign them to units completed (and transferred out) and to units in ending work in process. Print Done

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