Chipside 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. Chipside uses the first-in, first-out (FIFO) 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.X Data table Physical Units Direct Conversion (computer chips) Materials Costs Work in process, beginning inventory (Sept. 1) 1,300 $96, 140 $19,280 Degree of completion of beginning WIP 100% 30% Started during September 2,600 Good units completed and transferred out during September 1,700 Work in process, ending inventory (Sept. 30) 900 Degree of completion of ending WIP 100% 35% Total costs added during September $582,400 $291,750 Normal spoilage as a percentage of good units 15% Degree of completion of normal spoilage 100% 100% Degree of completion of abnormal spoilage 100% 100%Requirement 1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, and then calculate the equivalent units. (Complete all answer boxes. For accounts with a $0 balance, make sure to enter "0" in the appropriate column.) Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Accounted for Work done in current period onlyRequirement 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. Begin by summarizing the total costs to account for. Total Direct Conversion Production Costs Materials Costs Total costs to account for Next, calculate cost per equivalent unit for direct materials and conversion costs. (Round your answers to four decimal places.) Direct Conversion Materials Costs Divide by: Cost per equivalent unitNow, assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. (Complete all answer boxes. For accounts with a $0 balance, make sure to enter "0" in the appropriate column. Round your answers to the nearest whole dollar. Total Direct Conversion Production Costs Materials Costs Completed and transferred out: Total from beginning inventory before normal spoilage Total costs of units completed and transferred out Total costs accounted for