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tion list , K The assembly division of Quality Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for May

tion list ,K
The assembly division of Quality Time Pieces, Inc. uses the FIFO method of process costing. Consider the following data for May 2020 :
(Click the icon to view the data.)
Requirement
Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.
Enter the physical units in first, then calculate the equivalent units.
uestion 3
uestion 4
uestion 5
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Qustion 8
Flow of Production
Work in process, beginning
Started during current period
To account for
Completed and transferred out during current period:
From beginning work in process
Work in process, ending
Accounted for
Equivalent unts of work done in current period
Data table
\table[[,\table[[Physical Units],[(Watches)]],\table[[Direct],[Materials]],\table[[Conversion],[Costs]]],[Beginning work in process (May 1),100,$459,888,$142,570
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