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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

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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 zer net disposal value. Gray Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Physical Units Flow of Production Work in process, beginning Started during current period To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Equivalent units of work done to date Enter any number in the edit fields and then click Check Answer. part 1 remaining Clear All Check Answer The following data for November 2017 from Gray Manufacturing Company, which makes silk pennants and u sting system. All direct materials are added at the beginning of the process, and conversion costs are adde process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed i Data Table Direct Materials $1,103 Conversion Costs $711 pro dur Physical Units (Pennants) Work in process, November 10 1,200 Started in November 2017 Good units completed and transferred out during November 2017 9,200 Normal spoilage 100 Abnormal spoilage 20 Work in process, November 30 ab 1.900 Total costs added during November 2017 Degree of completion direct materials, 100%; conversion costs, 45%. Degree of completion: direct materials, 100%; conversion costs, 35%. unt ted o spd mals $11,800 $25,250 ed rd Print mted alent Done any number in the edit fields and then click Check

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