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Please select the correct labels in order for the long columns on the left hand side choosing between the following: (Abnormal Spoilage) (Costs Added to
Please select the correct labels in order for the long columns on the left hand side choosing between the following: (Abnormal Spoilage) (Costs Added to Beginning Inventory before Normal Spoilage) (Equivalent Units of Work Done in Current Period) (Normal Spoilage) (Started and Completed before Normal Spoilage) (Work in Process, Beginning) (Work in Process, Ending) After choosing the correct labels, please solve using the FIFO method and find the correct figures depending on what the correct label is in the left hand column.
Data Table Data Table Physical Units Direct Conversion (Pennants) MaterialsCosts Equivalent Units Direct Conversion 97 5967 Work in process, November 1 Started in November 2017 Good units completed and transferred out Flow of Production Materials Costs Good units completed and transferred out during current period during November 2017 Normal spoilage Abnormal spoilage Work in process, November 30" Total costs added during November 2017 9,350 80 50 2,100 585 8,375 80 50 315 9,405 From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Work done in current period only 8,375 80 50 2,100 10,605 516,968 $26,334 Degree of completion: direct materials, 100%; conversion costs. 4096. Degree of completion: direct materials, 100%; conversion costs, 15%. Print Done Print Done your answers to the nearest dollarStep by Step Solution
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