Save Homework: Chapter 17 Homework w Score: 0 of 30 pts HW Score: 0%, 0 of 95 pts 1 of 4 (0 complete) Question Help P17-31 (similar to) Monette Company manufactures car seats in its Houston plant. Each car seat passes through the assembly department and the testing department This problem focuses on the assembly department. The process-costing system at Monette Company has a single direct-cost category (direct materials) and a category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat. it is immediately transferred to testing. Monette Company uses the weighted-average method of process costing D co the assembly department for October 2014 are as follows (Click the icon to view the assembly department data ) Requirements 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule 2. What issues should the manager focus on when reviewing the equivalent units calculation? 3. For each cost category, summarize total assembly department costs for October 2014 and calculate the cost per equivalent unit A. Assign costs to units completed and transferred out and to units in ending work in process Requirement 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule to Equivalent Units Physical Direct Conversion Units Materials Costs Flow of Production Work in process beginning Started during current period cC 7PTo account for Completed and transferred out during current period [-- Work in process, endng Accounted for Work done to date Data Table Physical Units Direct Conversion (Car Seats) Materials Costs 4.800 $1,340,400 $451,440 Work in process, October 1 Started during October 2014 Completed during October 2014 22,000 24,000 2,800 Enter any number in the edit felds and then click Check AnsW Work in process, October 31 Total costs added during October 2014 $5,038,000 $2.,611.840 parts 4 remaining "Degree of completion direct materials. ?%, conversion costs 55% "Degree of completion direct materials. ?%, conversion costs 70%