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solveing Porter Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the nishing

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Porter Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the nishing department. This problem focuses on the assembly department. The process-costing system at Porter 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. Porter uses the FIFO method of process costing. Consider the following data for the assembly department in April 2017: 0 Data Table - X Reference Physical Units Direct Conversion Total Direct Conversion (Frames) Materials Costs Production Costs Materials Costs Beginning work in process, (April 1)3 90 $11155 $11307 Completed and transferred out $ 25,110 $ 13,950 $ 11,160 Started during April 2017 515 . _ 4 536 4 200 336 Completed during April 2017 465 Work In process, ending ' ' Ending work in process, (April 30)b 140 Total costs accounted for $ 29.546 3 18,150 $ 11.496 Total costs added during April 2017 $16,995 $10,189 \"Degree of completion: direct materials, 100%: conversion costs. 40%. bDegree of completion: direct materials, 100%; conversion costs, 10%. 0 Requirements ' Print ' Done . Summarize total assembly department costs forApril 2017, and assign them to units completed (and transferred out) and to units in ending work in process. 2. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the assembly department under the weighted-average method and the FIFO method. Should Porter's managers choose the weightedaverage method or the FIFO method? Explain briey. CheckAnswer H {

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