QUESTION 3 (30 minutes, 18 marks) McKnight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at Mcknight has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department's process. McKnight uses the FIFO method of process costing. Consider the following data for the assembly department in April 2017: Physical Unit (Frames) Direct Materials Conversion Costs $ 1,530 $ 156 Work in process, April 1 (a) Started during April 2017 Completed during April 2017 Work in process, April 30 (b) Total costs added during April 2017 60 510 450 120 $ 17,850 $ 11,544 (a) BEG WIP Degree of completion: direct materials, 100%; conversion costs, 40%. (b) END WIP Degree of completion direct materials, 100%; conversion costs, 15%. REQUIRED: Summarize the total assembly department costs for April 2017 and assign them to units completed (and transferred out) and to units in ending work in process