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Homework: Chapter 17 - Homework Score: 1.07 of 15 pts 4 of 6 (4 complete) E17-25 (similar to) The assembly division of Fenton Watches, Inc. uses the weighted average 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.) Read the requirement. Begin by summarizing the total costs to account for Direct Total Production Costs Conversion Costs Materials Total costs to account for Choose from any list or enter any number in the input fields and then click Check Answer. Clear All 2 parts remaining uses the weighted average method of process costing. Consider the following data for the month of May 2017: (Click the icon to view the equivalent unit computation.) For. Data Table Total Production Costs Physical Units Direct Conversion (Watches) Materials Costs Beginning work in process (May 1)" 80 $493,360 $91,040 Started in May 2017 500 Completed during May 2017 460 Ending work in process (May 31) 120 Total costs added during May 2017 $3,220,000 $1,392,000 Degree of completion direct materials, 80%; conversion costs, 35%. Degree of completion direct materials, 60%; conversion costs, 30%. Print Done input fields and then click Check Answer. Clear All c. uses the weighted-average method of process costing. Consider the following data for the month of May 2017: (Click the icon to view the equivalent unit computation.) nt for i Reference Total Production Cos Equivalent Units Direct Conversion Physical Flow of Production Units Materials Costs 460 460 460 120 72 36 Completed and transferred out during current period Work in process, ending Accounted for Work done to date 580 532 496 Print Done input fields and then click Check

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