In Victoria Company's packaging department, conversion costs are added evenly during the process, and direct materials are added at the end 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 next department. The transferred-in costs for May equal the total cost of good units completed and transferred out in May from the cleaning department, which are shown below. Summary data for May also follows: Click the icon to view the summary data.) (Click the icon to view the Cleaning department costs.) Required For the packaging department, use the weighted average method to summarize total costs to account for and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and units in ending work in process x More Info Data Table Cost of goods completed and transferred out from the cleaning department: Direct Conversion Total Direct Conversion Costs Transferred-in Costs $16,175 Production Costs Materials Materials SO 0% Costs $9,200 80% 100% $ 25,295 $ 12,802 38,097 $ 3,809 Physical The Victoria Company: Packaging Dept. Units Work-in-process, beginning inventory (May 1) 12.000 Degree of completion of beginning work-in-process Started during May 19,000 Good units completed and transferred out during May 17,000 Work-in-process, ending inventory (May 31) 12,000 Degree of completion of ending work-in-process Total costs added during May Normal spoilage as a percentage of good units 5% Degree of completion of normal spoilage Degree of completion of abnormal spoilage 2,529 Good units completed and transferred out Cost before adding normal spoilage Normal spoilage Total cost of good units completed and transferred out Abnormal spoilage Work in process, ending 1,280 100% ? 0% $1,900 35% $14,000 41,906 43,310 12.537 28,756 10,650 14,554 1,887 100% 100% 100% 100% $ Total costs accounted for 97,753 $ 30.523 67,230 $ Print Done In Victoria Company's packaging department, conversion costs are added evenly during the process, and direct materials are added at the end 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 next department. The transferred-in costs for May equal the total cost of good units completed and transferred out in May from the cleaning department, which are shown below. Summary data for May also follows: Click the icon to view the summary data.) (Click the icon to view the Cleaning department costs.) Required For the packaging department, use the weighted average method to summarize total costs to account for and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and units in ending work in process x More Info Data Table Cost of goods completed and transferred out from the cleaning department: Direct Conversion Total Direct Conversion Costs Transferred-in Costs $16,175 Production Costs Materials Materials SO 0% Costs $9,200 80% 100% $ 25,295 $ 12,802 38,097 $ 3,809 Physical The Victoria Company: Packaging Dept. Units Work-in-process, beginning inventory (May 1) 12.000 Degree of completion of beginning work-in-process Started during May 19,000 Good units completed and transferred out during May 17,000 Work-in-process, ending inventory (May 31) 12,000 Degree of completion of ending work-in-process Total costs added during May Normal spoilage as a percentage of good units 5% Degree of completion of normal spoilage Degree of completion of abnormal spoilage 2,529 Good units completed and transferred out Cost before adding normal spoilage Normal spoilage Total cost of good units completed and transferred out Abnormal spoilage Work in process, ending 1,280 100% ? 0% $1,900 35% $14,000 41,906 43,310 12.537 28,756 10,650 14,554 1,887 100% 100% 100% 100% $ Total costs accounted for 97,753 $ 30.523 67,230 $ Print Done