This Question: 20 pts 5 of 14 i complete Th The many division of Marrollo Time Peces, Inc. uses the FIFO method of process costing Consider the following data for the month of May 2017 toon to the Click the con to view the equivalent computation) Requirement Summaries the total cotuto account for calculate the cost per equivalent init for direct materials and conversion costs and assign couts to units completed and untered out and to na nanding work in proces Begin by mang the tools to account for Total Production Costs Direct Materiale Conversion Costs Total toccount for Next, cal cooper guivalent unit for direct materials and conversion costs Direct Materials Conversion Costa Di Cost per valut Finally assign total costs to units completed and transferred out) and to unitsin ending work in process (WP) Begin by calculating the total from beginning inventory, the call the scored for Total Direct Conversion Production Costs Materials Costs Completed and transferred out Choose from any list or enter any number in the input fields and then continue to the next to BO 28 esc S & 7 6 5 9 8 3 2 toman Requirement Se the total costs to count for calculate the cost per equivalent unit for direct and conversion cool and sign couts to completed and transferred out and to an ending on in proces Teleloto count for Next, cat cost per event unit for direct materials and conversion costs Direct Materials Conversion Coats Diety Cost per cuivalent Finally assign total costs to completed and transferred out) and to unitsin ending work in process (WIP) Begin by calculating the total from beginning inventory then calculate the total cost account for Total Direct Conversion Production Costs Materials Costs Completed and transferred out Total from beginning inventory Total cost of units completed and transferred out Total cost counted Choose from any list or enter any number in the input olds and then continue to the next question 888 30 bu 83 $ 4 0) > 8 7 0 3 - 5 O 2 W E R T The Te Marzollo Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for the month of May 2017 ew the data (Click the icon to view the equivalent unit computation) ats 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 procent or Data Table Reference Equivalent Units Direct Conversion Materials Costs Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1y" 40 $480.800 $79,900 Started in May 2017 485 Completed during May 2017 445 Ending work in process (May 31) 80 Total costs added during May 2017 $2,916,900 $1,087,200 Degree of completion direct material, 75%, conversion co, 20% Degree of completion direct materials. 60% conversion costs, 20% calculatie 10 Flow of Production Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Equivalent units of work done in current period 465 405 16 463 453 Print Done Print Done completed and transferred out enter any number in the input fields and then continue to the next question This Question: 20 pts 5 of 14 i complete Th The many division of Marrollo Time Peces, Inc. uses the FIFO method of process costing Consider the following data for the month of May 2017 toon to the Click the con to view the equivalent computation) Requirement Summaries the total cotuto account for calculate the cost per equivalent init for direct materials and conversion costs and assign couts to units completed and untered out and to na nanding work in proces Begin by mang the tools to account for Total Production Costs Direct Materiale Conversion Costs Total toccount for Next, cal cooper guivalent unit for direct materials and conversion costs Direct Materials Conversion Costa Di Cost per valut Finally assign total costs to units completed and transferred out) and to unitsin ending work in process (WP) Begin by calculating the total from beginning inventory, the call the scored for Total Direct Conversion Production Costs Materials Costs Completed and transferred out Choose from any list or enter any number in the input fields and then continue to the next to BO 28 esc S & 7 6 5 9 8 3 2 toman Requirement Se the total costs to count for calculate the cost per equivalent unit for direct and conversion cool and sign couts to completed and transferred out and to an ending on in proces Teleloto count for Next, cat cost per event unit for direct materials and conversion costs Direct Materials Conversion Coats Diety Cost per cuivalent Finally assign total costs to completed and transferred out) and to unitsin ending work in process (WIP) Begin by calculating the total from beginning inventory then calculate the total cost account for Total Direct Conversion Production Costs Materials Costs Completed and transferred out Total from beginning inventory Total cost of units completed and transferred out Total cost counted Choose from any list or enter any number in the input olds and then continue to the next question 888 30 bu 83 $ 4 0) > 8 7 0 3 - 5 O 2 W E R T The Te Marzollo Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for the month of May 2017 ew the data (Click the icon to view the equivalent unit computation) ats 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 procent or Data Table Reference Equivalent Units Direct Conversion Materials Costs Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1y" 40 $480.800 $79,900 Started in May 2017 485 Completed during May 2017 445 Ending work in process (May 31) 80 Total costs added during May 2017 $2,916,900 $1,087,200 Degree of completion direct material, 75%, conversion co, 20% Degree of completion direct materials. 60% conversion costs, 20% calculatie 10 Flow of Production Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Equivalent units of work done in current period 465 405 16 463 453 Print Done Print Done completed and transferred out enter any number in the input fields and then continue to the next