Consider the following data for November 2020 from Gary 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. Gary Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Read the requirement. (Click the icon to view the equivalent unit computation.) Begin by summarizing the total costs to account for. Total Production Costs Direct Materials Conversion Costs Total costs to account for Next, calculate cost per equivalent unit for direct materials and conversion costs. (Round your answers to the nearest cent.) Divide by: Cost per equivalent unit for work done to date Direct Conversion Materials Costs Consider the following data for November 2020 from Gary 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. Gary Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Read the requirement. Divide by: Cost per equivalent unit for work done to date (Click the icon to view the equivalent unit computation.) Finally, assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. (Round your answers to the nearest whole dollar.) Good units completed and transferred out Total cost of good units completed and transferred out Total costs accounted for Total Direct Conversion Production Costs Materials Costs Consider the following data for November 2020 from Gary 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. Gary Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Read the requirement. Divide by: Cost per equivalent unit for work done to date Finally, assign costs to units completed and transferred out Data Table Work in process, November 1 Started in November 2020 Good units completed and transferred out during November 2020 Normal spoilage Good units completed and transferred out Abnormal spoilage Work in process, November 30b Physical Units Direct Conversion (Pennants) 1,400 Materials $1,263 Costs $1,756 our answers to the nearest whole dollar.) ? 9,600 170 60 2,500 Total costs added during November 2020 $12,300 $32,500 Total cost of good units completed and transferred out b a Degree of completion: direct materials, 100%; conversion costs, 45%. Degree of completion: direct materials, 100%; conversion costs, 35%. Total costs accounted for Print Done Choose from any list or enter any number in the input fields and then continue to the next question. ? Consider the following data for November 2020 from Gary 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. Gary Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Read the requirement. Divide by: Cost per equivalent unit for work done to date Data Table Equivalent Units Finally, assign costs to units completed and transferred out (in Direct Flow of Production Materials Conversion Costs d your answers to the nearest whole dollar.) Completed and transferred out during current period 9,600 9,600 Normal spoilage 170 170 Good units completed and transferred out Abnormal spoilage 60 60 2,500 875 Work in process, ending 12,330 10,705 Total cost of good units completed and transferred out Equivalent units of work done to date Total costs accounted for Print Done Choose from any list or enter any number in the input fields and then continue to the next