From fenton manufacturing company
JOU BE my le process. Spoilage is detected upon inspection at th posed of at zero net disposal value. Fenton Manufacturing Company uses the FIFO method of process costing data) (Click the icon to view the equivalent unit computation.) Data Table cos Direct Conversion Materials $1,614 Costs $1,928 Physical Units (Pennants) Work in process, November 1a 1,300 Started in November 2017 ? Good units completed and transferred out during November 2017 8,700 Normal spoilage 110 Abnormal spoilage 70 Work in process, November 300 1,900 Total costs added during November 2017 a Degree of completion direct materials, 100%; conversion costs, 60%. Degree of completion direct materials, 100%; conversion costs, 25%. alent $11,376 $27,440 Print Done mpleted and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. n amounts Round vor answers to the nearest dollar er any number in the input fields and then continue to the next question. disposed of at zero net disposal value. Fenton Manufacturing Company uses the FIFO method of process costing the da 1 Data Table cotal Equivalent Units Direct Conversion Materials Costs 0 520 Flow of Production Good units completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending 7,400 7,400 uivale 110 110 70 1,900 70 475 9,480 8,575 Work done in current period only Print Done roce 5 compld 7A amounts Round nur answers in the nearest dollar enter any number in the input fields and then continue to the next question. Question Help Consider the following data for November 2017 from Fenton 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 at inspection at the completion of the process. Spoiled units are disposed of at zero net value Fenton Manufacturing Company uses the FIFO method of process costing. B (Click the icon to view the data.) (Click the icon to view the equivalent unit Begin by summarizing the total costs to account for Direct Conversion Total Production Costs Materials Costs Choose from any list or enter any number in the input fields and then continue to the next question. ? Read the resume Begin by summarizing the total costs to account for. 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.) 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 ir Direct Conversion Total Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Type here to search DUYUCULUM Read the requirement 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. (Comple Total Direct Conversion Production Costs Materials Costs Completed and transferred out: Total from beginning inventory before normal spoilage Total costs of units completed and transferred out Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Type here to search O
