10. Consider the following data for a cooking departmen, for the month of January: Physical Units Work in process, beginning inventory 11,000 Started during current period 74,000 To account for 85,000 Good units completed and transferred out during current period: From beginning work in process 11,000 Started and completed 50,000 Good units completed 61,000 Spoiled units 8,000 Work in process, ending inventory 16,000 Accounted for 85.000 *Direct material: 100% complete conversion costs, 25% complete --Direct material. 100% complete conversion costs. 75% complete Inspection occurs when production is 100 percent completed. Normal spoilage is 11 percent of good units completed and transferred out during the current period. The following cost data are available: Work in process, beginning inventory: Direct material $220,000 Conversion costs 300D 250,00 Costs added during current period: Direct material 1,450.000 Conversion costs Costs to account for Required: Prepare a detailed cost of production report Use the FIFO method Distinguish between normal and abnormal spoilage