The assembly division if Gannett watches inc. ued FIFO method of process costing.

data lekine con lo view the equivalent unit computation) i Reference ecoup andid costs to unit cost Equivalent Units Direct Conversion Flow of Production Materials Costs 33 55 Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending 355 355 104 56 alent 492 466 Equivalent units of work done in current period Print Done units completed (and transferred out) and to units in ending work in process (WIP). Begin by calculating the total from bu ter any number in the input fields and then continue to the next question. n ending work in process al costs to account for. Tatil Dicant Cuccion Data Table - X valent un Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1) 110 $543,000 $96,550 Started in May 2017 515 Completed during May 2017 465 Ending work in process (May 31) 160 Total costs added during May 2017 $3,690,000 $1,211,600 Degree of completion: direct materials, 70%; conversion costs, 50%. Degree of completion: direct materials, 65%; conversion costs, 35%. Print Done Je total from units com nter any number in the input fields and then continue to the next question: Question Hel The assembly division of Gannett Watches, Inc, uses the FIFO method of process costing Consider the following data for the month of May 2017 Click the icon to view the data) (Click the icon to view the equivalent unit computation) Requirement Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed (and transferred out) and to units in ending work in process. Begin by summarizing the total costs to account for Total Direct Conversion Production Costs Materials Costs an wi 30 Total costs to account for et ut Next, calculate cost per equivalent unit for direct materials and conversion costs Direct Materials Conversion Costs og. Com to Spl onth, $ deted A amento Divide by Cost per equivalent unit Finally, assian total costs to units completed (and transferred out) and to unitsin ending work in process (WIP) Begin by calculating the total from beginning inventory course Choose from any list or enter any number in the input fields and then continue to the next question The misembly divinion of Ganrott Watches, Inc. uses the FIFO method of process costing. Consider the following data for the month of May 2017: Chok the icon to view the data.) Click the icon to view the equivalent unit computation) Requirement Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed (and transferred out) and to units in ending work in process Divide by Cost per equivalent unit 3. Finally, assign total costs to units completed (and transferred out) and to units in ending work in process (WIP). Begin by calculating the total from beginning inventory then calculate the total costs accounted for Total Direct Conversion Production Costs Materials Costs Completed and transferred out ont u -uri gwi 200 meti Total from beginning invertory Chegg.c Com ver to Spl Months mpleted A partment to Total costs of units completed and transferred out Total costs accounted for www.courent Choose from any list or enter any number in the input fields and then continue to the next question Work in p SOLO