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Consider thwe following data for November Ashworth Compnay,, which makes silk pennats usues a process-costing system. All direct materials are added at the beginning of
Consider thwe following data for November Ashworth Compnay,, which makes silk pennats usues 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 complrtion of the process. Spoiled units disposed of at zero net disposal value. Ashworth uses weight-average method of the process costing.
Compute equivalent units for direct material and conversion cocts. show physical units in the first colum of you schedule
Data Table Direct Materials $1,103 Conversion Costs $711 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 Work in process, November 30 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%. $11,800 $25,250 Print Print Done Done Consider the following data for November 2017 from Ashworth Manufacturing Company, which makes silk pemants and uses a process costing system. Al direct materials are added at the beginning of the process, and conversion costs are added evenly during the process. Spoillage is detected upon inspection at the completion of the process. Spoled units are disposed of a zoro nel disposal value Ashworth Manufacturing Company the weighted average method of process Click the loon to the data Requirement Comput i ng units for direct and conversion costsShow physical units in the first column of your schedule Enter the physical units in first, then callate the equivalent units. Physical Units Equivalent Units Direct Conversion Materials costs Flow of Production Work in process, beginning Started during current period To Decount for Completed and transferred out during current period Normal spoilage Abnormal spolage Work in process, anding Accounted for Equivalent units of work done to daStep by Step Solution
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