please complete all requirements part 1,2,3
Requirements 1. For each cost category, compute equivalent units Show physical units in the first column of your schedule 2. Summarize the total costs to account for, calculate the cost per equivalent unit for each cost category, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process 3. Should Memorychip's managers choose the weighted-average method or the FIFO method? Explain briefly Weighted-average data Data table Memorychip is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the producton proceos Conversicn costs are added evenvy during the procest Some units of this product are spoiled as a resolt of defects not detectable before inspection of finished goods Spoiled units are discosed of at zero nept dieposal vaiue Memorychp uses the FIFO method of process costing Summary data and weghted-average data for September 2017 are as folloss (Cick the icon to vew the data) (cilick the icon to view the weghtided-average data.) Read the regurements Requirement 1. For each cost calegory compule equivalent units: Show physical units in the first column of your scheduie Enter the physical units in test then calculate the equivalent units (Complede all input telds Enter a "o- for applicabie rero amounts ) Requirements 1. For each cost category, compute equivalent units Show physical units in the first column of your schedule 2. Summarize the total costs to account for, calculate the cost per equivalent unit for each cost category, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process 3. Should Memorychip's managers choose the weighted-average method or the FIFO method? Explain briefly Weighted-average data Data table Memorychip is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the producton proceos Conversicn costs are added evenvy during the procest Some units of this product are spoiled as a resolt of defects not detectable before inspection of finished goods Spoiled units are discosed of at zero nept dieposal vaiue Memorychp uses the FIFO method of process costing Summary data and weghted-average data for September 2017 are as folloss (Cick the icon to vew the data) (cilick the icon to view the weghtided-average data.) Read the regurements Requirement 1. For each cost calegory compule equivalent units: Show physical units in the first column of your scheduie Enter the physical units in test then calculate the equivalent units (Complede all input telds Enter a "o- for applicabie rero amounts )
