Appleton Company makes wooden toys in its
Forming department, and it uses the weighted-average method of process costing. All direct materials are added at the beginning of the process, and conversion costs are added evenly during the process. Spoiled units are detected upon inspection at the end of the process and are disposed of at zero net disposal value. Summary data for August 2013 are as follows:

REQUIRED
1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule.
2. Summarize total costs to account for, calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process.

Transcribed Image Text:

Eie Edit iew Insert Format ools Deka Wndow Help Physical DirectConversion Units Materials Costs 2,000 $17,700 $10,900 |Work in process, beginning inventory (August 1) 3 Degree of completion of beginning work in process 4 Started during August 5 Good units completed and transferred out during Auust 9,000 6 Work in process, ending inventory (August 31) 7 Degree of completion of ending work in process 8 Total costs added during August 9 Normal spoilage as a percentage of good units 10 Degree of completion of nomal spollage 11 Degree of completion of abnormal spolage 100% 50% 10,000 1,800 75% $81,300$93,000 100% 100% 100% 10% 100% 100%