Ameritex Textiles Company makes sik banners and uses the weighted average method of process costing. Direct materials are added at the beginning of the process, and conversion costs are added evenly during the process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value. (Click the icon to view the process costing data.) Determine the equivalent units of work done in July, and calculate the cost of units completed and transferred out (including normal spoilage), the cost of abnormal spoilage, and the cost of units in ending inventory Determine the equivalent units of work done in July. Enter the physical units in first, then calculate the equivalent units. Flow of Production Physical Unita 900 Work in process beginning Started during current period X 0 Data Table To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Direct Materials $120.000 Conversion Coats $2.000 Accounted for Equivalent units of work done to date Physical Unite (Banners) 900 Work in process, (July 17 Started in July 2017 ? Good units completed and transferred out in July 50.000 Normal spoilage 4.000 Abnormal spoilage 3.500 Work in process, July 31 5.000 Total costs added during July 2017 Degree of completion direct materials 100%; conversion costs, 50% Degree of completion direct materials, 100%: conversion costs 50% $150.000 $28.000 Print Done