1. The Jake Department is the first of a two-stage production process. Spoilage is identified when units have completed the Jake process. Cost of spoiled units are assigned to units completed and transferred to the second department in the period of spoilage is identified. The following information concerns Jake's conversion cost in May 20xx. Beginning Work in Process (50% complete) Units started during May Spoilage - normal Units completed and transferred Ending Work in Process (80% complete) Units Conversion Costs 2,000 P 10,000 8,000 75,500 500 7,000 2,500 Using the average method, what was Jake's conversion cost transferred to the next department? Questions 2 to 5 are based on the following information: Given for a certain process: Beg. WIP, 2/5 completed Transferred In Normal Spoilage Abnormal Spoilage Goods completed and transferred out Ending WIP, 1/3 completed Conversion Cost in beginning inventory Current period conversion costs 500 units 2,000 units 200 units 300 units 1,700 units 300 units P 610 P 3,990 All spoilage occurs at the end of the process. 2. Using FIFO and Average Method, calculate the conversion cost per equivalent unit. 3. Using FIFO and Average Method, calculate the conversion costs components of normal spoilage. 4. Using FIFO and Average Method, calculate the conversion cost components of abnormal spoilage. 5. Bulls Company manufactures compact disks. In June 20xx, production for 2,000,000 units were started. At the end of the month, the following data were gathered: Completed Units Defective Units In process, complete 2,700,000 400,000 800,000 How many units were in process at the beginning of the month?