Chippity Inc. 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. Chippity uses the weighted-average method of process costing. Summary data for September are: (Click the icon to view the data.) Required 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. 2. Summarize total costs to account for, calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Re Data table En Physical Units Direct Conversion W Work in process, beginning inventory (Sept. 1) Degree of completion of beginning WIP (computer chips) 1,100 Materials $96,280 100% Costs $11,710 30% Started during September 2,500 St Good units completed and transferred out during September 2,050 To Work in process, ending inventory (Sept. 30) 200 C Degree of completion of ending WIP Total costs added during September 100% $581,900 35% $299,750 No Normal spoilage as a percentage of good units 15% Ab Degree of completion of normal spoilage Degree of completion of abnormal spoilage 100% 100% 100% 100% W Ad