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Atx 1 How,59 Minutes 45 Secon D Question 1 4 pts Answer the following question using the information below Craft Concept manufactures small tables in

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Atx 1 How,59 Minutes 45 Secon D Question 1 4 pts Answer the following question using the information below Craft Concept manufactures small tables in its Processing Department Direct materials are added at the initiation of the preafuction cycle and must be bundled a single kits for each unit Conversion costs are incurred evenly throughout the production cycle Spoiled units generally constitute 5% of the good units. Data for December 20x5 are as follows: wir beginning inventory 12/1/20x5 10.000 units Direct materials (100% complete Conversion costs (75% complete) Started during December 40,000 units Completed and transferred out 12/31/20x5 38,400 units Wipending inventory 12/31/20X5 3.000 units Direct materials (100% complete) Conversion costs (65complete) Costs for December: WIP beginning Inventory Direct materials $50.000 Conversion costs 30,000 Direct materials added 100.000 Conversion costs added 140.000 What cost is allocated to abnormal spoluge using the weighted average process costing method? O $7.360 $11.088 50 $16,400

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