III Homework Chapter 17 Process Costing Question 5, Instructor-cre... HW Score: 21.45%, 21.45 of 100 points Score: 0 of 10 Save Tomlinson Company manufactures car seats in its Miami plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department (Click the icon for Tomlinson's proces-costing system information) Data for the assembly department for October 2017 are as follows: (Click the icon to view the assembly department dota.) Read the requirements Requirement 1. For each cost - x bf your schedule More Info Flow of Prody Work in process beginning The process costing system at Tomlinson 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. Tomlinson Company uses the weighted average method of process costing, Started during current period To account for Completed and transferred out Work in process, ending Print Done Accounted for Work done to date Requirement 3. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit. Begin by summarizing the total assembly department costs for October 2017 Conversion Total Direct to view the assembly department data.) Bir Data Table - X our schedul ro Physical Units Direct Conversion (Car Seats) Materials Costs Work in process, October 10 4,000 $1,248,000 $241,650 Started during October 2017 22,500 Completed during October 2017 26,000 Work in process, October 31 500 Total costs added during October 2017 $4,635,000 $2,575,125 Degree of completion: direct materials, ?%; conversion costs, 45%. Degree of completion: direct materials, 2%; conversion costs, 65%. og so Print Done Unt unit nco total assembly department costs for October 2017 Total Direct Conversion enter any number in the input fields and then click Check Answer. Check Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedu Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning 4000 Started during current period 22500 26500 To account for Completed and transferred out during current period 26000 26000 26000 500 Work in process, ending 500 325 26500 Accounted for 26500 26325 Work done to date Requirement 3. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit. Begin by summarizing the total assembly department costs for October 2017. Total Direct Conversion Requirement 3. For each cost category, summarize total assembly department costs for October 2017 and calculate the cost per equivalent unit. Begin by summarizing the total assembly department costs for October 2017 Direct Conversion Production Costs Materials Costs Work in process, beginning Costs added in current period Total Total costs to account for Now calculate the cost per equivalent unit for each cost category Direct Conversion Materials Costs Costs incurred to date Divide by equivalent units of work done to date Cost per equivalent unit Renuirement 4 Aceinn rete in intermotard and transferred and in ite in andinn work in mnace chool Annar Requirement 4. Assign costs to units completed and transferred out and to units in ending work in process. Total Direct Conversion Costs Production Costs Materials Completed and transferred out Work in process, ending Total costs accounted for Choose from any list or enter any number in the input fields and then click Check