Sunshine Sports, which produces basketballs, has two departments: cutting and stitching. Each department has one direct-cost category (direct materials) and one indirect-cost category (conversion costs). This problem focuses on the stitching department. The following is a summary of the March 2017 operations of the stitching department. (Click the icon to view the information.) (Click the icon to view the total costs assigned under the weighted-average method.) Read the requirements. Requirement 1. Summarize total stitching department costs for March 2017, and assign these costs to units completed (and transferred out) and to units in ending work in process. Begin by completing the following table to summarize the physical and equivalent units. (For amounts with a zero balance, make sure to enter "0" in the appropriate cell.) Oports, Which produces basketballs, has two departments: cutting anc Assign total costs to units completed (and transferred out) and to units in ending work in process. Begin by calculating the total from be costs accounted for. (For amounts with a zero balance, make sure to enter " 0 " in the appropriate cell.) Sunshine Sports, which produces basketballs, has two departments: cutting and The following is a summary of the March 2017 operations of the stitiching Requirement 2. Prepare journal entries for March transfers from the cutting department to the stitching department and from the stitching department to Finished Goods (Recoud debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the transfer from the cutting department to the stitching department. (Click the icon to view the total costs assigned under the weighted-averas method.) Now record the transfer from the stitching department to Finished Goods. Requirement 3. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the stitching department under the weighted-average method and the FIFO method. The FIFO work in process ending inventory is than the weighted-average work in process ending inventory. This is because FIFO assumes that all the (Click the icon to view the total costs assigned under the weighted-average method.) Requirement 3. Explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the stitching department under the weighted-average method and the FIFO method. The FIFO work in process ending inventory is than the weighted-average work in process ending inventory. This is because FIFO assumes that all the in work in process are the first to be completed and transferred out while ending work in process consists of only the The weighted-average method by assuming that are completed and transferred out, while in beginning work in process are placed in ending work in process. Hence, in this case, the weighted-average method results in a cost of units completed and transferred out and a ending work-in-process inventory relative to FIFO. Data table