x Chegg S Ag MyS Ag Cost Accounting BC BC C 0133428834 reader chegg.co ab8413373a781bcaae8f520a22928 ecc Cost Accounting search or en page Required 1. Do Exercise 17-24 using the FlF0 method 2. Tomlinson's management seeks to have a more consistent cost per equivalent unit. Which method of process costing should the company choose and why 17-26 Transferred-incosts, weighted-average method.Trendy Clothing, Inc. is a manufacturer of winter clothes has a knitting departmen and a finishing department. This exercise focuses on the nishin department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Trendy uses the weighted-average method of process costing. The following information for June 2014, is available Home Insert Page uayout Formulas Data Review view Physical Units Transferred-ln Direct Conversion (tons) Costs Materials Costs inventory (June 60 S 60,000 S 0 $24.000 2 Work in process beginning Degree of completion,beginning work in process 100% 0% 50% Transferred in during June 100 120 5 Completed and transferred out during Jun 6 Work in process ending inventory (June 30 40 Degree of completion, ending work inprocess 100% 0% 75% 8 Total costs added during June 1. Calculate equivalent units of transferred-in costs, direct materials, and conversion costs Required 2. Summarize the total costs to accoun and calculate he cost per equivalent un for transferred-in costs, direct materials, and conversion costs 3. Assign costs to units completed (and transferred out) and to units in ending work in process 17-27 Transferred-in costs, FIF0 method. Refer to the information in Exercise 17-26. Suppose that Trendy uses the FIFO method instead of the weighted-average method in all of its departments. The only changes FIFO method are to Exercise 17-26 under the hat total transferred-in costs o beginning work in process are $45,000 (instead of $60,000) and total on J ansferred-in costs added during June are S114,000 une AA More 9:55 PM 9/22/2015