P17-44 (similar to) E Question Help Swingtown Sports, which produces basketballs, has two departments: cutting and stitching. Each department has one direct-cost category (direct materials) and one indirect-cost category (conversion costs). This problem focuses on the stitching department. (Click the icon to view Swingtown Sports' process costing information.) The following is a summary of the March 2017 operations of the stitching department. F (Click the icon to view the information.) (Click the icon to view the total costs assigned under the weighted-average method.) Read the requirements. Requirement 1. Summarize total stitching department costs for March 2017, and assign these costs to units completed (and transferred out) and to units in ending work in process. Begin by completing the following table to summarize the physical and equivalent units. (For amounts with a zero balance, make # Data Table Equivalent Units Physical Transferred-In Direct Conversion Units Costs Materials Costs Work in process, beginning 50,000 Transferred-in during current period 70,000 Beginning work in process To account for Degree of completion, beginning work in process Completed and transferred out during current period: Transferred in during March 2017 From beginning work in process 50,000 Completed and transferred out during March Started and completed 2017 Work in process, ending 20,000 Ending work in process March 31 Degree of completion, ending work in Accounted f process @ Weighted average assignment of costs Equivalent Total Costs added during March Physical Units Transferred-In Direct Conversion (books) Costs Materials Costs 50,000 $ 60,000 $ 0$ 24,000 100% 70,000 50% 100,000 20,000 100% 210,000 $ 0% 40,000 $ 25% 60,000 S Total Production Costs Transferred-In Costs Direct Materials Conversion Costs Print Done Assignment of costs: Completed and transferred out Ending work in process $ 40,000 $ 80,000 Enter any nu 345,000 $ 49,000 394,000 $ 225.000 $ 45,000 270,000 $ 8 parts $ 40,000 $ 84,000 O remaining Total costs to account for Check