Consider the following data for November 2017 from Cranberry 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. Cranberry Manufacturing Company uses the weighted average method of process costing. (Click the icon to view the data.) (Click the icon to view the equivalent unit computation.) Read the requirement .... Begin by summarizing the total costs to account for Data table Total Direct Conversion Production Costs Materials Costs Direct Conversion Materials $3.653 Costs $702 Data table Total costs to account for Physical Units (Pennants) Work in process, November 18 1,125 Started in November 2017 ? Good units completed and transferred out during November 2017 8,800 Normal spoilage 130 Abnormal spoilage 65 Work in process, November 306 2,400 Total costs added during November 2017 Degree of completion: direct materials, 100%; conversion costs, 45%. Degree of completion direct materials, 100%; conversion costs, 30%. Equivalent Units Direct Conversion Materials Costs $12,300 $26,500 Requirement 8,800 8,800 130 130 Summarize the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work-in-process inventory. Flow of Production Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Equivalent units of work done to date 65 2.400 65 720 11,395 9,715 Print Done Print Done Print Done