chapter 18 Question 1, E18-29 (similar to) Part 1 of 5 HW Score: 0%, 0 of 10 points Points: 0 of 5 Save Memorychip is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. Memorychip uses the weighted average method of process costing. Summary data for September 2017 are as follows: Click the icon to view the data.) Read the requirements Requirement 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, then calculate the equivalent units. Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Work done to date Physical Units 1,000 2,780 1780 2,600 Question 1, E18-29 (similar to) Part 1 of 5 HW Score: 0%, Points: 0 of puter chips. Direct materials are added at the start of the production process. Conversion costs are added table before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. Memory 17 are as follows: Requirements - X 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule 2. Summarize the total costs to account for calculate the cost per equivalent unit for each cost category, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process Get more help- 45 T Print Done MacBook Air " 7 L +11 ^ 6 7 28 & * 8 9 Y U F G H K 0 Data table X A B C Physical Units Direct D Conversion (Computer Chips) Materials Costs Work in process, beginning inventory (September 21) 1,000 $ 160,640 $ 15,810 Degree of completion of beginning work in 3 7 8 Total costs added during September process 4 Started during September Good units completed and transferred out during 5 September 6 Work in process, ending inventory (September 30) Degree of completion of ending work in process 100% 30% 2,780 2,600 500 100% 30% $ 572,680 $ 272,310 Print Done 21) 1,000 $ 160,640 $ 15,810 3 Degree of completion of beginning work in process 100% 30% 7 8 Total costs added during September 4 Started during September Good units completed and transferred out during 5 September 6 Work in process, ending inventory (September 30) Degree of completion of ending work in process 9 Normal spoilage as a percentage of good units 10 Degree of completion of normal spoilage 11 Degree of completion of abnormal spoilage 2,780 2,600 500 100% 30% $ 572,680 $ 272,310 15% 100% 100% 100% 100% Print Done