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 95% 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 testing department for October 2017 are as follows. E (Click the icon to view the testing department data.) Required ..... 20 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 100% 0% (a) Beginning work-in-process inventory (b) Ending work-in-process inventory 100% 0% Requirement 2. For each cost category, compute equivalent units in the testing department. Show physical units in the first column of your schedule. (For amounts with a 0 balance, make sure to enter "0" in the appropriate cell.) Equivalent Units Transferred-in Direct Conversion Costs Materials Costs Physical Units Work in process, beginning Transferred in during current period To account for Enter any number in the edit fields and then click Check Answer. Clear All Check Answer Help Me Solve This e Text Pages Get More Help empany is a manufacturer of car seats. Each car seat passes through the assembly department and testing department. This problem focuses on the testing Direct materials are added when the testing department process is 95% complete. Conversion costs are added evenly during the testing department's work in assembly is completed, each unit is immediately transferred to testing. As each unit is completed in testing, it is immediately transferred to ods. Morr s follows. he icon to Testing department data nt 1. Wh rect mate b) transferred-in Physical Units Transferred-In Direct Conversion (Car Seats) Costs Materials Costs Work in process, October 1a 7,100 $2,929,000 $0 $802,780 Transferred in during October 2017 Completed during October 2017 26,300 Work in process, October 31 3,300 Total costs added during October 2017 $7,431,000 $9,757,300 $3,948,260 a Degree of completion: transferred-in costs, ?%; direct materials, ?%; conversion costs, 75%. bDegree of completion: transferred-in costs, ?%; direct materials, ?%; conversion costs, 60%. ning work work-in ple. (For amounts at 2. For ence, ma Print Done cess, be in during current period 1. What is ect materials Requiremd - and (b) trans ng work-in-p vork-in-proc 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. 2. For each ce, make su hedule. (For ess, beginni during curd Print Done ar DATAKAOSwell