HOME DATA VIEN Texas Font Name - o Copy Font Size - Top Ten CUCK HERE TO SAVE YOUR WORK 1 2 Question 3 B 3 C 0 Marks 20 5 4 The Skate Board Company uses a process cost system for making skateboard wheels Materials are added at the beginning of the process and conversion costs we unitory income 6 At the beginning of September the work-in-process is 40 percent complete and at the end of the month is 50 peste conden 7 Spoilage is detected at the end of the process. Other data for the month indude 8 9 10 Beginning work-in-process inventory 11 Units started 12 Units placed in finished goods 13 Ending work-in-process inventory 14 Normal spoilage % on all units finished 15 1,600 units 20,000 units 12,000 units 1,200 units 20 percent $40,320 $40,000 16 Conversion costs 17 Cost of direct materials 18 Beginning work-in-process costs. 19 Materials $4,000 $4,032 20 Conversion 21 22 Required: 23 24 Assuming Spoilage is recognized and the FIFO method is used: 25 26 1. Calulate number Equivalent Units? 27 DALL 28 Sheet1 New 20