Saturday Sports produces basketballs in two departments: cutting and stitching. Each department has one direct-cost category (direct materials) and one indirect-cost category (conversion costs). This problem focuses on the stitching department. After cutting, basketballs are immediately transferred to the stitching department. Direct material is added when the stitching process is 90% complete. Conversion costs are added evenly during stitching operations. After stitching is completed, basketballs are immediately transferred to Finished Goods. Saturday Sports uses the weighted-average method of process costing. The following is a summary of the March 2020 operations of the stitching department: (Click the icon to view the information.) Read the requirements. Requirement 1. Summarize total stitching department costs for March 2020 and assign these costs to units completed (and transferred out) and to units in ending work-in-process inventory. Begin by completing the following table to summarize the physical and equivalent units. (For amounts with a zero balance, make sure to enter "0" in the appropriate cell.) Beginning work in process Transferred in during March To account for Completed and transferred out during March Ending work in process Accounted for Equivalent units of work done to date Help me solve this Physical Units (books) 10,000 70,000 40,000 40,000 Requirements Etext pages Transferred-In Costs 1. Summarize total stitching department costs for March 2020 and assign these costs to units completed (and transferred out) and to units in ending work-in-process inventory. Equivalent Units Direct Materials 2. Prepare journal entries for March transfers from the cutting department to the stitching department and from the stitching department to Finished Goods. Print Get more help. Conversion Costs Done X Data table A 1 2 Beginning work in process, March 1 3 Degree of completion, beginning work in process 4 Transferred in during March 2020 5 Completed and transferred out during March 2020 6 Ending work in process, March 31 7 Degree of completion, ending work in process 8 Total costs added during March Print B D E C Physical Units Transferred-In Direct Conversion (basketballs) Costs Materials Costs 10,000 70,000 40,000 40,000 Done $ $ 90,000 $ 100% 100% 230,000 $ 0 S 50,000 0% 60% 0% 32,000 $ Clear all 40% 76,000 Check