Consider the following data for November 2014 from Gray Manufacturing Company, which makes silk pennants and uses a process-costing. All direct materials are added at the beginning of the process, and conversion cost completion of the process. Spoiled units are disposed of at zero net disposal value. Gray Manufacturing Company uses the FIFO method of process costing instead of the weight-average method. Consider the following data for November 2014 from Gray Manufacturing Company, which makes silk pennants and uses a process-costing. All direct materials are added at the beginning of the process, and conversion cost completion of the process. Spoiled units are disposed of at zero net disposal value. Gray Manufacturing Company uses the FIFO method of process costing instead of the weight-average method