Karen Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to nondetectible material defects. Spoiled units generally constitute 3% of the good units. Data provided for March 2021 are as follows: WIP, beginning inventory 3/1/2021 30,000 units Direct materials (100% complete) Conversion costs (89.5% complete) Started during March 80,000 units Completed and transferred out 86,000 units WIP, ending inventory 3/31/2021 20,000 units Direct materials (100% complete) Conversion costs (75% complete) Costs: WIP, beginning inventory: Direct materials P 70,000 Conversion costs 40,000 Direct materials added 160,000 Conversion costs added 120,000 REQUIRED: 1. Determine the normal spoilage units for March when using FIFO. 1. Calculate the cost would be associated with normal using the FIFO method of process costing. 2. Determine the abnormal spoilage units for March when using FIFO. 3. Calculate the cost would be associated with abnormal using the FIFO method of process costing. [total cost incurred on the normal spoilage] 4. Determine the total costs assignedto the ending work-in-process inventory when using the FIFO method of process costing. 5. Prepare the following journal entry for the transfer of completed goods for the current period to finished goods inventory using the FIFO method of process costing