Consider the following data for November 2015 from Mandy Manufacturing Company, which makes si pennants and uses a process costing system. Al deed materials are added at the beginning of the process and conversion costs are added overly during the process Spolage detected upon pection at the completion of the process Spoiled units are disposed of at zero net disponal value. Mund Manufacturing Company is the FIFO methodol proces Click the icon to view the data (click the icon to view the equivalent en computation) Required Sunnaste rutal costs to account for calculate the cost per equivalent unit for de materials and conversion costs and assign total costs to un correlated and transferred out (ndufing comel spolage). To aromal polage, und uns ending work in process Begin by uring the costs to conto To Produtos Died War Convenion C Tua Direct Conversion Materials $1.755 Costs $1,096 Physical Units (pennants) Work in process, November 19 900 Started during November 2015 2 Good units completed and transferred out during November 2015 9,100 Normal spoilage 150 Abnormal spoilage 25 Work in process, November 300 2,100 Total costs added during November 2015 Degree of completion direct materials, 100%; conversion costs, 45% Degree of completion direct materials 100% conversion costs, 25% $10,894 $30,064 Equivalent Units Direct Conversion Materials Costs 0 Flow of Production Good units completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending 495 8,200 8/200 150 150 25 25 2.100 525 Work done in current period only 10/475 9,395 GC Begin by summarizing the total costs to account for Total Direct Conversion Production Costs Materials Costs Total costs to account for >> Save ember 2015 from Mundy Manufacturing Company, which makes silk pernants and uses a process costing system All direct materials are added at the beginning of the process, and conversion tocess Spoilage is detected upon inspection at the completion of the process Spoiled units are disposed of at zero net disposal value Mundy Manutacturing Company uses the FIFO method > Click the icon to view the equivalent unt computation) calculate the cost per equivalent unit for direct materials and convention costs, and assign total costs to unts completed and transferred out (including normal spolage), to abnormal spolago, SS sts to account for Total Production Costs Direct Materials Conversion Costs tayt