please assign total costs to units completed and to units in ending work in process. the last picture attached is the wmpty chart im having a hard time filling in. thank you
The assembly division of Quality Time Pieces, Inc. uses the weighted average method of process costing. Consider the following data for the month of May 2017 (Click the icon to view the data) (Click the icon to view the equivalent unit computation) Read the requirement Begin by summarizing the total costs to account for Costs added in current period Total Direct Conversion Production Costs Materials Costs 5,153,000$ 3,237,000$ 1,916,000 602 458 459,888 142570 57554585 3,696 888 2058,570 Work in process, beginning Total costs to account for Next, calculate cost per equivalent unit for direct materials and conversion costs Costs incurred to date Direct Conversion Materials Costs $ 3.600.888 $ 2,058,570 578 $ 8.5065 4.005 Divide by equivalent units of work done to date Cost per equivalent unit Finally, assign total costs to units completed and transferred out) and to units in ending work in process Enter any number in the edit fields and then click Check Answer ge method of process costing. Consider the following data for the month of May 2017 in to view the equivalent unit computation) Data Table Dire Mater $ 3,2 Conversion Costs S142,570 B$ 3,69 Physical Units Direct (Watches) Materials Beginning work in process ( May 1) 100 $459,888 Started in May 2017 510 Completed during May 2017 450 Ending work in process (May 31) 160 Total costs added during May 2017 $3,237 000 "Degree of completion direct materials, 80%, conversion costs, 35% Degree of completion direct materials, 80%, conversion costs, 40% son costs $1,916,000 Conversion Costs $ 2,058,5 Print Done ind to units in ending work in process Clear All n to view the equivalent unit computation) Conversion Direct Materials Costs A Reference 8 $ sion cos Conver Cost $ 2,04 Equivalent Units Direct Conversion Materials Costs 450 450 Physical Units 450 160 Flow of Production Completed and transferred out during current period Work in process, ending 128 64 610 Accounted for 514 Work done to date and to units Print Done ver Clear All Costs incurred to date Materials $ 3,696,888 S 578 Costs 2,058,570 514 Divide by equivalent units of work done to date 6,396 $ 4.005 Cost per equivalent unit Finally, assign total costs to units completed (and transferred out) and to units in ending work in process Total Production Costs Direct Materials Conversion Costs Completed and transferred out Work in process, ending Total costs accounted for