Information about Hoffman Company's process-costing system

Assembly department data:

Weighted-average cost per equivalent unit data and total costs accounted for:

Hoffman Company manufactures car seats in its Boise plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. Click the icon to view information about Hoffman Company's process-costing system.) i More Info The process-costing system at Hoffman Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Hoffman Company uses the FIFO method of process costing. Data for the assembly department for October 2017 are as follows: (Click the icon to view the assembly department data.) (Click the icon to view the weighted average cost per equivalent unit data and total costs accounted for.) Data Table Physical Units Direct Conversion (Car Seats) Materials Costs Work in process, October 18 4,000 $1,248,000 $241,650 Started during October 2017 22,500 Completed during October 2017 26,000 Work in process, October 31b 500 Total costs added during October 2017 $4,635,000 $2,575,125 Degree of completion: direct materials, ?%; conversion costs, 45%. Degree of completion: direct materials, ?%, conversion costs, 65%. Reference - Direct Conversion Materials Costs Costs incurred to date $ 5,883,000 $ 2,816,775 Divide by equivalent units of work done to date 26,500 26,325 $ 222 $ 107 Cost per equivalent unit for work done to date Total Direct Conversion Production Costs Materials Costs Completed and transferred out $ 8,554,000 $ 5,772,000 $ 2,782,000 Work in process, ending 145,775 111,000 34,775 $ 8,699,775 S Total costs accounted for 5,883,000 $ 2,816,775 Requirement 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. (For amounts with a 0 balance, make sure to enter "0" in the appropriate cell.) Physical Units Equivalent Units Direct Conversion Materials Costs Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Accounted for Equivalent units of work done in current period only