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please complete ALL requirements part 1 and part 2 Requirements 1. Summarize total assembly department costs for April 2017, and assign them to units completed
please complete ALL requirements part 1 and part 2
Requirements 1. Summarize total assembly department costs for April 2017, and assign them to units completed (and transferred out) and to units in ending work in process. 2. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the assembly department under the weighted-average method and the FIFO method. Should Fenton's managers choose the weighted-average method or the FIFO method? Explain briefly. Data table Reference the F HFO method of process costing. Consider the following data for the assentily department in April 2017 (Click the icon to virw the diata) (Click the icon to vicw the todal costs assigned unider the weighed average method) Read the tegurements Begin by calevuting the giniysical unts and equivalent unts (Fof amoutts wath a 0 batance, make sure to enier "or in the appioppate netl ? Requirements 1. Summarize total assembly department costs for April 2017, and assign them to units completed (and transferred out) and to units in ending work in process. 2. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the assembly department under the weighted-average method and the FIFO method. Should Fenton's managers choose the weighted-average method or the FIFO method? Explain briefly. Data table Reference the F HFO method of process costing. Consider the following data for the assentily department in April 2017 (Click the icon to virw the diata) (Click the icon to vicw the todal costs assigned unider the weighed average method) Read the tegurements Begin by calevuting the giniysical unts and equivalent unts (Fof amoutts wath a 0 batance, make sure to enier "or in the appioppate netl Step by Step Solution
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