PLEASE DONALL REQUIREMENTS

Gannott Handcratt is a manufactuner of picture frames for large retallers. Euery picture frame passes thobugh two departments: the assembly department and the finishing department. This problem focuses cn the assembly depertment. The process-costing system at Gasnett has a single direch-cost catepory (direct matarials) and a single indirect-cost category (conversion costs). Direct materials are added when the asaembly departrient process is 10\% complele. Conversion costs are added evenly daring the assembly departinents process. Gannect uses the FIFO mothod of peocess oosting. Consider the following data for the assembly degarterent in Agril 20e0: (Click the iogn to vitw the data.) fCiok the ioon to wiew the lokat chass assigned under the weighted-areikge method. Read the tequkements. Roguirement 1. Surnmaribe total astembly depaftment cost for Agri 20go, and astign them to urits completed (and franslerted out) and 10 units in ending work in procent inventory. Begin by calculating the physical units and equhalent unith. Ffar ansurts with a 0 balasce, make sure to enter "yr in the eboropriate colli) Requirements 1. Summariae total assembly department costs for Agril 2030, and assign them to units completed (and trantlerred out) and to units in ending ronk in process inventory. 2. Explain any difference between the cont of wock cempleted and translemed out and the cost of ending work in process inveebory in the astembly department under the weighted-average method and the FIFO method. Should Gannetts managers choose the weighted-average method or the FIFO method? Explain briefly. Data table Reference