Consider the following data for November2017

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 FIFO method of process costing.

	Physical Units	Direct	Conversion
	(Pennants)	Materials	Costs

Work in process, November 1 Superscript aNovember 1a	1,125	$3,653	$702
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 30 Superscript bNovember 30b	2,400
Total costs added during November 2017		$10,270	$32,544

Superscript aDegree

of completion: direct materials, 100100%; conversion costs, 60%.

Superscript bDegree of completion: direct materials,100%; conversion costs, 30%.

Equivalent Units
	Direct	Conversion
Flow of Production	Materials	Costs
Good units completed and transferred out during current period:
From beginning work in process	0	450
Started and completed	7,675	7,675
Normal spoilage	130	130
Abnormal spoilage	65	65
Work in process, ending	2,400	720
Work done in current period only	10,270	9,040

Begin by summarizing the total costs to account for.

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		Total	Direct	Conversion
		Production Costs	Materials	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.)

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		Direct	Conversion
		Materials	Costs
Divide by:
Cost per equivalent unit

Now assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. (Complete all answer boxes. Enter a "0" for any zero amounts. Round your answers to the nearest dollar.)

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		Total	Direct	Conversion
		Production Costs	Materials	Costs
Completed and transferred out:
Total from beginning inventory before normal spoilage

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Total costs of units completed and transferred out

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Total costs accounted for