Question 5 Consider the following data for the assembly division of Fenton 1Watches Company: The assemth division uses the weightedaverage method of process costing. Compute the unit cost of a completehr nished watch. Physical Units Direct Conversion (Watches) Materials Costs Beginning workinprocess 95 $491,000 $94,984 {Mair 1}?! Started in Pulley 2016 525 Completed during May 2016 450 Ending workinprocess (Delay 31)b 110 Total costs added during May 201-5 $3,218,880 $1,400,000 a Degree of completion: direct materials, 90%; conversion costs, 40%- ['1 Degree of completion: direct materials, "E0841; conversion costs, 30%. Correct Answer: e. $9,504 Consider the following data for the assemth division of Gannett Watches Company: The assembly division uses the weightedaverage method of process costing. Compute the unit cost of a completely nished watch. Physical Units Direct corn-idol: [Watcher-l Met-rich Goon Beginning work-In-prooaea Ma TE 549.710 551.350 Started In May 2016 495 Completed during May 2016 443 Ending work-impresses {31 Mayjb 130' Total costs added during liltingr 2013 53.240.\" $1,410,900 alzlegree of completlan: direct materials. 90%: comerelon mete, 4096. bDegree of completion: direct materials. 40%; conversion costs. 2096. Correct Answer: e- $9,195