Consider the following data for november 2017 From Gray manufacturing company.

Question Help Consider the following data for November 2017 from Gray 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. Gray Manufacturing Company uses the FIFO method of process costing E: (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 Total Direct Conversion Production Costs Materials Costs Total costs to account for Next calculate cost per equivalent unit for direct mate and ersion costs. (Round yo answers to the nearest cent) Direct Conversion Materials Costs Divide by Cost per equivalent unit Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Company, WI Res si 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 Gray Manufacturing Company uses the FIFO method of process costing (Click the icon to view the data.) (Click the icon to view the equivalent unit computation) Read the requirement Now assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage and to units in ending work in process (Compiete all input fields. Enter a "0" for any zero amounts. Round your answers to the nearest dollar.) Total Direct Conversion Costs Production Costs Materials Completed and transferred out Total from beginning inventory before normal spoilage au Total costs of units completed and transferred out Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question Save for Later INBOX undendis de auteu al die bey or the process, and conversion costs are added evenly during the process. S spection at the completion of the process. Spoiled units are disposed of at zero net disposal value Gray Manufactu the FIFO method of process costing, con to ement i Data Table arizing Direct Conversion Materials $3.448 Costs $571 Physical Units (Pennants) Work in process, November 10 1.350 Started in November 2017 ? Good units completed and transferred out during November 2017 9.500 Normal spoilage 160 Abnormal spoilage 40 Work in process, November 30 1.700 Total costs added during November 2017 Degree of completion direct materials 100% conversion costs, 50% Degree of completion direct materials, 100%.conversion costs 10% accoun e cost pe $11,055 $27585 Print Done quivalent une em any list or enter any number in the input fields and then continue to the next question spulle rection at the completion of the process. Spoiled units are disposed of at zero net disposal value. Gray Manufacturing i Data Table X Equivalent Units Direct Conversion Materials Costs 0 675 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 co 8.150 8.150 160 160 09 40 40 1,700 170 10,050 9.195 Work done in current period only Print Done waled any list or enter any number in the input fields and then continue to the next question. eater Question Help Consider the following data for November 2017 from Gray 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. Gray Manufacturing Company uses the FIFO method of process costing E: (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 Total Direct Conversion Production Costs Materials Costs Total costs to account for Next calculate cost per equivalent unit for direct mate and ersion costs. (Round yo answers to the nearest cent) Direct Conversion Materials Costs Divide by Cost per equivalent unit Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Company, WI Res si 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 Gray Manufacturing Company uses the FIFO method of process costing (Click the icon to view the data.) (Click the icon to view the equivalent unit computation) Read the requirement Now assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage and to units in ending work in process (Compiete all input fields. Enter a "0" for any zero amounts. Round your answers to the nearest dollar.) Total Direct Conversion Costs Production Costs Materials Completed and transferred out Total from beginning inventory before normal spoilage au Total costs of units completed and transferred out Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question Save for Later INBOX undendis de auteu al die bey or the process, and conversion costs are added evenly during the process. S spection at the completion of the process. Spoiled units are disposed of at zero net disposal value Gray Manufactu the FIFO method of process costing, con to ement i Data Table arizing Direct Conversion Materials $3.448 Costs $571 Physical Units (Pennants) Work in process, November 10 1.350 Started in November 2017 ? Good units completed and transferred out during November 2017 9.500 Normal spoilage 160 Abnormal spoilage 40 Work in process, November 30 1.700 Total costs added during November 2017 Degree of completion direct materials 100% conversion costs, 50% Degree of completion direct materials, 100%.conversion costs 10% accoun e cost pe $11,055 $27585 Print Done quivalent une em any list or enter any number in the input fields and then continue to the next question spulle rection at the completion of the process. Spoiled units are disposed of at zero net disposal value. Gray Manufacturing i Data Table X Equivalent Units Direct Conversion Materials Costs 0 675 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 co 8.150 8.150 160 160 09 40 40 1,700 170 10,050 9.195 Work done in current period only Print Done waled any list or enter any number in the input fields and then continue to the next question. eater