Only need req. 2,3,& 4. Thank you.
ked co Hoffman Company manufactures car seats in its Bolse plant. Each car seat passes through the assembly department and the 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. Hoffman Company uses the FIFO method of process costing Data for the testing department for October 2017 are as follows: (Click the icon to view the testing department data) Read the requirements 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 coll.) Equivalent Units Transferred. In Direct Conversion Physical Units Costs Materials Costs Work in process, beginning Transferred-in during current period To account for Completed and transferred out during current period From beginning work in process Started and completed Work in process, ending Accounted for the testing department data) i - X Data Table hedu Physical Units Transferred-In Direct Conversion (Car Seats) Costs Materials Costs Work in process, October 10 5,500 $2,879,000 SO $499,790 Transferred in during October 2017 ? Completed during October 2017 29.800 Work in process, October 316 1,700 Total costs added during October 2017 59.048.000 $10.877.000 $4,696,260 Degree of completion: transferred-in costs, 2% direct materials, 2%: conversion costs, 65% Degree of completion: transferred-in costs ?% direct materials ?%. conversion costs, 45% Print Done e tesute depal 0 Requirements -X ur schedule. st 0 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. ut Print Done fields and then click Check Answer. Clear All Check Ans