Hungry Student Incorporated is a manufacturer of kitchen utensils. It produces all of its products in one department. The information for the current month is as follows: 40,000 units 52,000 units Beginning work in process Units started Units completed Ending work in process Spoilage 73,000 units 16,000 units 3,000 units $30,000 $ 8000 Beginning wor-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor during month $126,400 $60480 Beginning work in process was 25% complete as to conversion: Direct materials are added at the beginning of the process. Factory overhead is applied at a rare equalita 40 of direct manufacturing labor ending work in process was to complete, All spoilage is normal and is detested the end $126,400 Direct materials added during month Direct manufacturing labor during month $60,480 Beginning work in process was 25% complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 40% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at the end of the process. Required: Prepare a production cost worksheet if spoilage is recognized and the weighted average method is used