Question: testing department. This p the testing department process is 95% complete. Conversion costs are added evenly during in assembly is completed, each unit is immediately


testing department. This p the testing department process is 95% complete. Conversion costs are added evenly during in assembly is completed, each unit is immediately transferred to testing. As each unit is completed in testing, it is imme Monette Company uses the weighted average method of process costing. Data for the testing department for October 20 n to view the testing department data.) un What is materials - X Requiremd work-in-pl k-in-proc 1. What is the percentage of completion for (a) transferred-in costs and direct materials in beginning work-in-process inventory and (b) transferred-in costs and direct materials in ending work-in-process inventory? 2. For each cost category, compute equivalent units in the testing department. Show physical units in the first column of your schedule. 3. For each cost category, summarize total testing department costs for October 2017 calculate the cost per equivalent unit, and assign costs to units completed (and transferred out) and to units in ending work in process. 4. Prepare journal entries for October transfers from the assembly department to the testing department and from the testing department to Finished Goods. Print Done
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