inspection point is at the end of the process and spoilage $($or lost units$)$ up

to $10\%$ of good output is considered normal.

Spoilage $($or lost units$)$ in excess of $10\%$ is treated as abnormal. All spoilage

$($or lost units$)$ is assumed to come from the units started during the period.

The relevant data are given below:

REQUIRED

Determine the cost per equivalent units as to material

Determine the cost per equivalent units as to conversion cost.

Calculate the cost per equivalent units as to transferred out to

the next department.

Calculate the cost transferred to a loss account if any.

Calculate the cost of the ending inventory of work in process.