Sunshine Sports, which produces basketballs, has 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. Basketballs that have undergone the cutting process 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. When those operations are done, the basketballs are immediately transferred to Finished Goods. Sunshine Sports uses the weighted-average method of process costing. The following is a summary of the March 2017 operations of the stitching department: (Click the icon to view the information.) Read the requirements. Requirement 1. Summarize total binding department costs for April 2017, and assign these costs to units completed (and transferred out) and to units in ending work in process. 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 Equivalent Units Physical Units (books) Transferred-In Costs Direct Materials Conversion Costs 20,000 80,000 Transferred in during March To account for Completed and transferred out during March 60,000 40,000 Ending work in process Accounted for Equivalent units of work done to date Data table A 1 2 Beginning work in process D E Physical Units Transferred-In (basketballs) Costs Direct Materials Conversion Costs 20,000 $ 50,000 $ 01$ 22,000 100% 0% 50% 3 Degree of completion, beginning work in process 4 Transferred in during March 2017 80,000 5 Completed and transferred out during March 2017 60,000 6 Ending work in process, March 31 40,000 7 Degree of completion, ending work in process 8 Total costs added during March 100% 0% 25% $ 165,000 $ 30,000 $ 90,000 Requirements 1. Summarize total stitching department costs for March 2017, and assign these costs to units completed (and transferred out) and to units in ending work in process. 2. Prepare journal entries for March transfers from the cutting department to the stitching department and from the stitching department to Finished Goods