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Consider the following data for November 2017 from MacLean Manufacturing Company, which makes ik pennants and uses a process costing system. Al direct materials we
Consider the following data for November 2017 from MacLean Manufacturing Company, which makes ik pennants and uses a process costing system. Al direct materials we 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 atero net disposal value. Suppose MacLean Manufacturing Company uses the FIFO method of process costing Click the icon to view the data) Data Table Read the requirement Enter the physical units in first, then all the juivalent units (Complete wwer boxes Entra for any amounts) Physical Units (Pennants) Direct Materials Conversion Costs $711 Physical Work in process November 1 Started in November 2017 Good units completed and transferred out during November 2017 8.800 $10.02 Work in process November 30 Total costs added during November 2017 Degree of completion directories 100% Degree of completion or www .co o 45 l, Flow of Production Work in process, beginning Started during current period To account for Good units completed and wansferred out during current per From beginning work in process Started and completed Normal plage Abnormal lage Work in process ending Accounted for Equivalent of work done in current period Print Done Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule Print Done any number in the sites and then click Check Answer Clear Al Check Awr
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