Question: picture frames for large retailers. Every picture frame passes through two departm es on the assembly department. The process-costing system at McKnight has a si

picture frames for large retailers. Every picture frame passes through two departm es on the assembly department. The process-costing system at McKnight has a si Data Table Physical Units Direct Conversion (Frames) Materials Costs Work in process, April 1a Started during April 2017 Completed during April 2017 Work in process, April 30 Total costs added during April 2017 aDegree of completion: direct materials, 100 %; conversion costs, 40% Degree of completion: direct materials, 100 %; conversion costs, 15% 60 $1,530 $156 510 450 120 $17,850 $11,544 Print Done number in the input fields and then click Check Answer. Clear All OCT 28 McKnight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at McKnight has a single direct-cost category (direct materials and a single indirect-cost category (conversion costs). Direct materials are added when the assembly department process is 10 % complete. Conversion costs are added evenly during the assembly department's process. McKnight uses the weighted-average method of process costing. Consider the following data for the assembly department in April 2017: Click the icon to view the data.) ui Read the requirements Costs added in current period 29,394 17,850 11,544 31,080 $ 19,380 $ 11,700 Total costs to account for Next calculate cost per equivalent unit for direct materials and conversion costs. Difect Conversion Materials Costs Divide by Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining 2 Clear All Check Answer w P 28 4) 44 80 888 $ %
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