4. (10 points) Appleton Company makes wooden toys in its forming department, and it uses the First-In-First-Out (FIFO) 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 (i.e., inspection point is at the 100% of the production process) and are disposed of at zero net disposal value. Summary data for August 2022 are as follows: Physical units Direct Conversion Materials Costs Work in process, beginning inventory (August 1) Degree of completion of beginning work in process Started during August Good units completed and transferred out during August Work in process, ending inventory (August 31) Degree of completion of ending work in process 2,000 $17,700 100% $10,900 50% 10,000 9,000 1,800 100% 75% Total costs added during August $85,000 $105,500 Normal spoilage as a percentage of good units 10% Degree of completion of normal spoilage 100% Degree of completion of abnormal spoilage 100% 100% 100% (Show all your work from Steps 1 to 5 of Process Costing to receive full credits.) (Question 4 continued) =