EL. Alibaba.com X Group Assignment: Submission date: January 17, 2024 Marking: the assignment will be evaluated out of 10% NB: > Copying from each other will results in zero value. It has to be hand written. 1. The XYZ Company is a food-processing firm. It has two departments: cleaning and packaging. For the cleaning department, conversion costs are added evenly during the process, and direct materials are added at the beginning of the process. Spoiled units are detected upon inspection at the end of the process and are disposed of at zero net disposal value. All completed work is transferred to the packaging department. Summary data for May follow: The XYZ Company: Cleaning Department Work in process, beginning inventory (May 1) Degree of completion of beginning work in process Started during May Good units completed and transferred out during May Work in process ending (May 31) Degree of completion of ending work in process Total costs added during May Normal spoilage as a percentage of good units Degree of completion of normal spoilage Degree of completion of abnormal spoilage Physical Direct Units 3,600 1/2 30,000 24,600 5,040 10% Materials $5,316 100% 100% $55,500 Conversion Costs $ 1,953 60% 30% $44,659 100% 100% 100% 100% Instructions: For the cleaning department, summarize the total costs to account for and assign those costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process using i. Weighted average method. FIFO method. ii.