Crystal Clear Machine Shop is a manufacturer of golf carts. Peter Cranston, the plant manager of Crystal Clear Machine, obtains the following information for Job \#22 in August 2020 . A total of 23 units were started, and 3 spoiled units were detected and rejected at final inspection, yielding 20 good units. The spoiled units were considered to be normal spoilage. Costs assigned prior to the inspection point are $1,200 per unit. The current disposal price of the spoiled units is $245 per unit. When the spoilage is detected, the spoiled goods are inventoried at $245 per unit. Read the requirements. Requirement 1. What Requirements Select the formula, ther 1. What is the normal spoilage rate? 2. Prepare the journal entries to record the normal spoilage, assuming the following: Requirement 2. Prepa: a. The spoilage is related to a specific job. specific job. b. The spoilage is common to all jobs. c. The spollage is a. The spoilage is relate b. The spoilage is common to all jobs. c. The spoilage is considered to be abnormal spoilage. b. The spoilage is common to all jobs. Crystal Clear Machine Shop is a manufacturer of golf carts. Peter Cranston, the plant manager of Crystal Clear Machine, obtains the following information for Job \#22 in August 2020 . A total of 2 . units were started, and 3 spoiled units were detected and rejected at final inspection, yielding 20 good units. The spoiled units were considered to be normal spoilage. Costs assigned prior to the inspection point are $1,200 per unit. The current disposal price of the spoiled units is $245 per unit. When the spoilage is detected, the spoiled goods are inventoried at $245 per unit. Read the Requirement 1. What is the normal spoilage rate? Select the formula, then calculate the normal spoilage rate. (Round the percentage to the nearest tenth percent, X.X%.) =Normalspoilagerate=% Requirement 2. Prepare the joumal entries to record the normal spoilage, assuming the following: a. The spoilage is related to a specific job. b. The spoilage is common to all jobs. c. The spoilag. considered to be abnormal spoilage. (Record debits first, then credits. Exclude explanations from any journal entries.) a. The spoilage is related to a specific job. b. The spoilage is common to all jobs. Crystal Clear Machine Shop is a manufacturer of golf carts. Peter Cranston, the plant manager of Crystal Clear Machine, obtains the following information for Job \#22 in August 2020 . A total of 23 units were started, and 3 spoiled units were detected and rejected at final inspection, yielding 20 good units. The spoiled units were considered to be normal spoilage. Costs assigned prior to the inspection point are $1,200 per unit. The current disposal price of the spoiled units is $245 per unit. When the spoilage is detected, the spoiled goods are inventoried at $245 per unit. Read the b. The spoilage is common to all jobs. c. The spoilage is considered to be abnormal spoilage
