Paulson Winery in Monroe, New York has two departments Fermenting and Packaging Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging proce bottles). Conversion costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows Click the icon to view the data from March) Read the requirements Requirement 1. Fin the time line for the Fermenting Department Start Complete Complete Choose from any drop-down list and then click check Answer i Requirements 1. Fill in the time line for the Fermenting Department. 2. Summarize the flow of physical units and compute the total equivalent units Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs. Assign total costs to units (gallons): a. Completed and transferred out to the Packaging Department b. In the Fermenting Department ending work in process inventory What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? Print Done Data Table 2,800 gallons 4,620 gallons 6,420 gallons Gallons: Beginning work in process inventory Started production Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2.200 of direct materials and $1.462 of conversion cost) Costs added during March: Direct materials 1.000 gallons $ 3.662 $ 10.414 Print Print | Done Done i Data Table 6,420 gallons 1,000 gallons Completed and transferred out to Packaging in March Ending work in process inventory (80% of the way through the fermenting process) Costs: Beginning work in process inventory ($2,200 of direct materials and $1.462 of conversion cost) Costs added during March: Direct materials Direct labor 3,662 $ 10,414 950 1.920 Manufacturing overhead $ 13,284 Total costs added during March Print Done