Skoolzone Sports produces basketballs in two​ departments: cutting and stitching. Each department has one​ direct-cost c

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Skoolzone Sports produces basketballs in two​ departments:cutting and stitching. Each department has one​ direct-costcategory​ (direct materials) and one​ indirect-costcategory​ (conversion costs). This problem focuses on thestitching department. After​ cutting, basketballs areimmediately transferred to the stitching department. Directmaterial is added when the stitching process is 80​% complete.Conversion costs are added evenly during stitching operations.After stitching is completed, basketballs are immediatelytransferred to Finished Goods.
Skoolzone Sports uses the weighted-average method of processcosting. The following is a summary of the March 2020 operations ofthe stitching​ department:
1.
2020 and assign these costs to units completed​ (andtransferred​ out) and to units in ending​ work-in-processinventory.
2.
A
B
C
D
E
1
Physical Units (basketballs)
Transferred-In Costs
Direct Materials
Conversion Costs
2
Beginning work in process, March 1
20,000
$48,000
$0
$30,000
3
Degree of completion, beginning work in process
100%
0%
60%
4
Transferred in during March 2020
80,000
5
Completed and transferred out during March 2020
60,000
6
Ending work in process, March 31
40,000
7
Degree of completion, ending work in process
100%
0%
30%
8
Total costs added during March
$170,000
$30,000
$60,000