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Data table costs are added evenly throughout each process. Data from the month of March for the Fermenting Department are as follows: (Click the icon to view the data from March.) Read the requirements. Requirement 1. Fill in the time line for the Fermenting Department. Requirement 2. Summarize the flow of physical units and compute the total equivalent units. Requirement 3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs. (Enter the cost per equivalent unit to the nearest cent.) Fermenting Department Cost per Equivalent Unit Month Ended March 31 \begin{tabular}{llll} \hline & Direct & Conversion \\ \hline & Materials & Costs \end{tabular} equivalent unit amounts in the same order as calculated in the preceding step. Enter your answers to the nearest cent.) Fermenting Department Month Ended March 31 Assigning Costs \begin{tabular}{lcccc} \hline & Direct & Conversion \\ & Materials & Costs & Total \\ \hline \end{tabular} a. Completed and transferred out: b. Ending work in process: Total costs accounted for Requirement 5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company's managers want to know this cost? First, identify the labels to compute the average cost per gallon transferred out, then compute the average cost per unit. (Abbreviation used: Avg. = Average. Enter your answer to two decimal places.) Avg.cost=pergallon[10 Why would Smithson's managers want to know this cost? Managers will want to know this cost to compare it to their They may also use the cost information when

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