Ons The State Board Company resa proceso se formed when Materials are added at the beginning of the process and conversion costs are my curred At the beginning of September the work in process is 40 percent complete and at the end of the month its percent complete Spallace is detected at the end of the process other data for the month include 2 9 10 Beginning work-in-process inventory 1.500 units Units started 20,000 units 12 Units placed in finished goods 12.000 units 13 Ending work-in-process inventory 1,200 units 14 Normal spoilage % on all units finished 20 percent 15 16 Conversion costs $40,320 17 Cost of direct materials $40,000 18 Beginning work-in-process costs: 19 Materials $4,000 20 Conversion $4,032 21 22 Required: 3 Assuming Spoilage is recognized and the FIFO method is used: 1. Calulate number Equivalent Units? 5 The State Board Company was a process coustem for makineskateboard we Materials are added at the begin of the process and conversion or for incurred At the beginning of September the work in process is 40 percent complete and at the end of the month it is to percent com Spolepe is detected at the end of the process. Other data for the month include: 2 9 10 Beginning work in process inventory 11 Units started 1.600 units 20,000 units 12 Units placed in finished goods 12.000 units 13 Ending work-in-process inventory 1,200 units 14 Normal spoilages on all units finished 20 percent 15 16 Conversion costs S40,320 17 Cost of direct materials $40,000 18 Beginning work-in-process costs 19 Materials $4,000 20 Conversion $4,032 21 22 Required: 23 24 Assuming Spoilage is recognized and the FIFO method is used: 25 26 1. Calulate number Equivalent Units? 27 10 33 34 35 36 37 2. Calculate each cost of Equivalent units? 38 39 40 41 42 43 44 45 46 47 48 3. Calculate Cost of total units transferred out? 49