Consider the following data for November 2015 from Grey Manufacturing?Company, which makes silk pennants and uses a?process-costing system. All direct materials are added at the beginning of the?process, and conversion costs are added evenly during the process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value. Grey Manufacturing Company uses the FIFO method of process costing.

Required

Summarize total costs to account?for, calculate the cost per equivalent unit for direct materials and conversion?costs, and assign total costs to units completed and transferred out?(including normal?spoilage), to abnormal?spoilage, and to units in ending work in process.

i Data Table X Physical Units Direct Conversion (pennants) Materials Costs Work in process, November 1a 1,000 $1,423 $1, 110 Started during November 2015 ? Good units completed and transferred out during November 2015 9,000 Normal spoilage 100 Abnormal spoilage 50 Work in process, November 30 2,000 Total costs added during November 2015 $12, 180 $27,750 Degree of completion: direct materials, 100%; conversion costs, 50%. Degree of completion: direct materials, 100%; conversion costs, 30%. Print Done0 Data Table - Equivalent Units Direct Conversion Flowr of Production Materials Costs Good units completed and transferred out during current period: From beginning work in process 0 500 Started and completed 8,000 8,000 Normal spoilage 100 100 Abnormal spoilage 50 50 2,000 600 Work in process, ending 10,150 9,250 Work done in current period only Begin by summarizing the total costs to account for. Total Direct Conversion Production Costs Materials Costs Total costs to account for