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Score: 0 of 2 pts 2 of 4 (2 complete) HW X E17-25 i Reference X ing data for th The assembly divisi (Click the
Score: 0 of 2 pts 2 of 4 (2 complete) HW X E17-25 i Reference X ing data for th The assembly divisi (Click the icon Read the requireme Physical Units 450 160 Begin by summarizi Equivalent Units Direct Conversion Materials Costs 450 450 Flow of Production Completed and transferred out during current period Work in process, ending Accounted for Work done to date 128 64 610 Work in process, by Work in process, el Total costs to accoy 578 514 Print Done The assembly division of Quality Time Pieces, Inc. uses the weighted average method of process costing. Consider the following data for the month of May (Click the icon to view the data.) Read the requirement. Data Table X Begin by summarizing the total costs to acq 100 Work in process, beginning Work in process, ending Total costs to account for Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) $459,888 $142,570 Started in May 2017 510 Completed during May 2017 450 Ending work in process (May 31) Total costs added during May 2017 $3,237,000 $1,916,000 Degree of completion: direct materials, 80%; conversion costs, 35%. "Degree of completion: direct materials, 80%; conversion costs, 40%. 160 Print Done
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