All direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. Spoiled Units are detected at 100% completion. Normal Spoilage is 15% of units started and completed. The company uses FIFO.

Beginning of Month End of Month

Work in process: 600 units 450 units

Conversion (% of completion in WIP): 30% 40%

Costs of Materials in WIP: $96,000 ?

Costs of Conversion in WIP: $15,300 ?

During the month: Units started during the month: 2,550 units

Costs incurred for Materials: $567,000

Costs incurred for Conversion: $230,400

Spoiled Units detected: 600 units

20. How many total Equivalent Units were there for Conversion?

1. 2,460
2. 2,700
3. 2,730
4. 3,150
5. None of the above

21. The cost per Equivalent Unit of Material is closest to:

1. $180.00/equivalent unit
2. $193.20/equivalent unit
3. $210.50/equivalent unit
4. $214.50/equivalent unit
5. $222.35/equivalent unit

22. The total Spoilage expense is closest to:

1. $87,700
2. $90,100
3. $97,000
4. $133.400
5. $184,600

23. Ending WIP is closest to

1. $ 96,400
2. $106,400
3. $112,400
4. $114,400
5. $115,400