Castle Textiles Company makes silk 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. Data table Direct Conversion Physical Units Flow of Production Materials $110,000 Costs $2,000 Work in process beginning Started during current period Physical Units (Banners) Work in process, (July 1) 1,400 Started in July 2020 ? Good units completed and transferred out in July 50,000 Normal spoilage 4,000 Abnormal spoilage 6,000 Work in process, July 31b 5,000 Total costs added during July 2020 a Degree of completion: direct materials 100%, conversion costs, 50% bDegree of completion: direct materials, 100%, conversion costs 50% $150,000 $28,000 To account for Completed and transferred out during current period Normal spoilage Abr spoilage Work in process, ending Accounted for Equivalent units of work done to date Print Done