17-28 Weighted-average method, equivalent enits and anit costs. Consider the following data for the assembly division of Fenton Watches Inc: DirectConversion Physical Units Materials Costs Beginning work in process (May 1)" Started in May 2015 Completed during May 2015 Ending work in process (May 31) Costs added during May 2015 "Degree of completion: direct materials, 90%; conversion costs, 40% Degree of completion: direct materials, 60%; conversion costs, 30%. $ 493,360 S 91,040 80 500 460 3,220,000 $1,392,000 The assembly division uses the weighted-average method of process costing. Required Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. ?17-27 Weighted-average method, assigning costs(continuation of Exercise 17-26) Required For the data in Exercise 17-26, summarize total costs to account for, calculate cost per equiva direct materials and conversion costs, and assign total costs to units comple to units in ending work in process. ted fand transferred out) and 17-28 FIFO method, equivalent units. Refer to the information in Exercise 17-26. Suppose the assembly division at Fenton Watches Inc. uses the FIFO method of process costing instead of the weighted-average method Required Is and conversion costs. Show physical units in the first column Compute equivalent units for direst materia of your schedule. 17-29 FIFO method, assigning costs (continuation of Exereise 17-28) Required For the data in Exercise 17-26, use the FIFO method to summarize total costs to account for, calculate c per equivalent unit for direct materials and conversion costs, and assign total costs to units completed (land transferred out) and to units in ending work in process