marzollos time

The assembly division of Marzollo Time Pieces, Inc. uses the weighted werage method of process costing. Consider the following data for May 2020 Click the icon to view the data) Click the icon to view the equivalent unit computation) Read the requirement Cho Begin by summarizing total costs to account for Total Production Costs Direct Materials Conversion Costs Total costs to sccount for ar Data table the Conversion Costs $79,900 ald Physical Units Direct (Watches) Materials Beginning work in process (May 1) 90 $543,000 Started in May 2020 515 Completed during May 2020 465 Ending work in process (May 31,6 140 Total costs added during May 2020 $3,210,000 aDegree of completion: direct materials, 80%, conversion costs, 35% Degree of completion direct materials, 65%; conversion costs, 35%. $1,385,000 or Print Done Reference Flow of Production Completed and transferred out during current period Work in process, ending Physical Units 465 140 Equivalent Units Direct Conversion Materials Costs 465 465 91 49 Accounted for 605 Work done to date 556 514 Print Done . Requirement Summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed (and transferred out) and to units in ending work-in-process inventory. Print Done