Chip Pro 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 Chip Pro uses the weighted average method of process costing Summary data for September 2017 are as follows: 588 Cick the loon to view the data) Read the rebuirements 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. Data Table Physical Units Flow of Production Work in process beginning Started during current period Physical Units Direct (Computer Chips) Materials Conversion Costs $15. 100% 1,700 1,000 To account for Completed and transferred out during current period Normalspollage Work in process, beginning inventory September 1) Degree of completion of beginning work in process Started during September Good units completed and transferred out during September Work in process, ending inventory (September 30) Degree of completion of ending work in process Total co d ed during September Normal spolage as a percentage of good units Degree of completion of normal sportage Degree of completion of abnormal spolage 100% $575.506 2002 Abnormal spolago 15% 100 Enter any number in the edit fields and then click Check Answer Prin [Dono 4 parts al units in the first column of your schedule. Requirements 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. Print Done Physical Flow of Production Units 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 Enter any number in the edit fields and then click Check