Monthly information is as follows: Beginning of month Work in process Inventory: 1,000 units Conversion: degree of completion in WIP 60% Direct Material Costs in Beginning WIP $ 8,100 Conversion Costs in Beginning WIP $11,300 End of month 4,000 units 40% During the month: Costs incurred for Direct Materials Costs incurred for Conversion $27,975 $27,235 At month end: 2,860 good units were completed, 140 units were spoiled Direct Materials: Conversion costs: Spoiled Units: 90% are added at the beginning of the process, the rest at 90% conversion Added evenly during the process. Detected at 100% conversion. Normal Spoilage = 2% of units started Instructions a) Using FIFO, calculate: 1. Ending WIP 2. Cost of Goods Manufactured 3. Spoilage expense