E18-21 (similar to) Consider the following data for November 2017 from McKnight Manufacturing Company, which makes silk pennants and uses a process-costing system. All direct materials are added at the beginning of the process,e costs are added evenly during the pracess. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value. McKnight Manufacturing Company uses the weighted-average method of process costing. (Click the icon to view the data.) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule Enter the physical units in first, then calculate the equivalent units. Data Table Physical Flow of Production Physical Units DctConversion Work in process, beginning (Pennants)Materials $1,103 Costs Started during current period $711 1,200 Work in process, November 1 Started in November 2017 To account for Good units completed and transferred out during November 2017 Normal spoilage Abnormal spoilage 9,200 100 Completed and transferred out during current periad Normal spoilage 20 1,900 Abnormal spoilage Work in process, November 30 Total costs added during November 2017 $11,800 $25.250 Work In process, ending Degree of completion: direct materials, 100%; conversion costs, 45% Degree of completion: direct materials, 100%; conversion costs, 35%. Accounted for Equivalent units of work done to date PrintDone Enter any number in the edit fields and then click Check