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is ant ces ish Testing department data cuses on the The testing Immediately per 2017 are as ontd Wh nat Physical Units Transferred-In Direct Conversion

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is ant ces ish Testing department data cuses on the The testing Immediately per 2017 are as ontd Wh nat Physical Units Transferred-In Direct Conversion (Car Seats) Costs Materials Costs Work in process, October 10 7,800 $2,933,000 $0 $909,120 Transferred in during October 2017 ? Completed during October 2017 27 800 Work in process, October 315 4,000 Total costs added during October 2017 $8.197.000 $10,341,600 $A 220,880 "Degree of completion: transforred-in costs, 2%; direct materials. ?%conversion costs, 70% Degree of completion: transferred-in costs, 7%; direct materials. 7%; conversion costs, 55% b) transferred in ore -in Jule. (For amounts Ford ma Print Done . Time Remaining: 01:33:40 Next ces Monette Company is a manufacturer of car seats. Each car seat passes through the assembly department and testing department. This problem focuses on the testing department Direct materials are added when the testing department process is 90% complete. Conversion costs are added evenly during the testing department's process. As work in assembly is completed, each unit is immediately transferred to testing. As each unit is completed in testing, it is immediately transferred to Finished Goods Monette Company uses the weighted average method of process costing. Data for the tasting department for October 2017 are as follows Click the icon to view the testing department data) Required Requirement 1. What is the percentage of completion for (a) transferred-in costs and direct materials in beginning work-in-process inventory and (b) transferred-in costs and direct materials in ending work-in-process inventory? Transferred-in costs Direct materials (a) Beginning work-in-process inventory (b) Ending work-in-process inventory Requirement 2. For each cost category, compute equivalent units in the testing department Show physical units in the first column of your schodule. (For amounts with a balance, make sure to enter in the appropriate cel Eest Choose from any list or enter any number in the input fields and then continue to the next question Requiremd - X 1. What is the percentage of completion for (a) transferred-in costs and direct materials in beginning work-in-process inventory and (b) transferred-in costs and direct materials in ending work-in-process inventory? 2. For each cost category, compute equivalent units in the testing department. Show physical units in the first column of your schedule. 3. For each cost category, summarize total testing department costs for October 2017 calculate the cost per equivalent unit, and assign costs to units completed (and transferred out) and to units in ending work in process. 4. Prepare journal entries for October transfers from the assembly department to the testing department and from the testing department to Finished Goods. Requirement 2. For each cost category, compute equivalent units in the tosting department Show physical units in the first column of your schedule. (For mounts with a balance, make sure to enter "o" in the appropriate coll) Equivalent Units Transferred in Direct Costs Materials Physical Units Conversion Costs Work in process, beginning Transferred in during current period To account for Choose from any list or enter any number in the input fields and then continue to the next question To account for Completed and transferred out during current period Work in process, ending Accounted for Equivalent units of work done to date Requirement 3. For each cost category, summarize total testing department costs for October 2017, caloulate the cost per equivalent unit, and assign costs to units completed (and transferred out) and to units in ending work in process Choose from any list or enter any number in the input fields and then continue to the next question Boda Requirement 3. For each cost category, summarize total testing department costs for October 2017, calculate the cost per equivalent unit, and assign costs to units completed (and transferred out) and to units in ending work in proceso Begin by summarizing the total costs to account for. (For amounts with a balance, make sure to enter "o" in the appropriate coll) Total Transferred-in Direct Conversion Production Costs Costs Materials Costs Total costs to account for Choose from any list or enter any number in the input fields and then continue to the next question Total costs to account for Calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs Transferred in Direct Costs Materials Conversion Costs Divide by Cost per equivalent unit 1 ... Choose from any list or enter any number in the input fields and then continue to the next question Cost per equivalent unit Total Assign total costs to units completed (and transferred out) and to units in ending work in process. (For amounts with a balance, make sure to erhte *oin the appropriate cell) Transferred in Direct Conversion Production Costs Costs Materials Assignment of costs: Completed and transferred out Work in process, ending Costs Choose from any list or enter any number in the input fields and then continue to the next question Total costs to account for Requirement 4. Prepare journal entries for October transfers from the wombly cepartment to the testing department and from the testing department to Finished Goods. (Record dobits first, then credits Exclude explanations from any ouma entre) Begin by recording the transfer from the assembly department to the losting department Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Date Accounts Debit Credit Now record the transfer from the testing department to Finished Goods Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Now record the transfer from the testing department to Finished Goods Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next

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