Question: How does the answer came from? Consider the following data for the assembly division of Gannett Watches Company:The assembly division uses the weighted-average method of

How does the answer came from?

Consider the following data for the assembly division of Gannett Watches Company:The assembly division uses the weighted-average method of process costing.Compute the unit cost of a completely finished watch. Physical Units Direct Conversion(Watches) Materials CostsBeginning work-in-process78 $49,770 $67,350(May 1)Started in May 2021 495Completed during May 2021 443 0 0 Ending work-in-process (May 31)° 130Total costs added during May ,240,000 1,410,0002021 $3,240,0 $ 0 a. Degree of completion: direct materials, 90%; conversion costs, 40%. b. Degree of completion: direct materials, 40%; conversion costs, 20%. ' |Correct! 9.796

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