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PLEASE SHOW WORK Use the following information to answer the next 3 questions: Randall Inc. manufactures pocket protectors and uses the EIF0 method of process
PLEASE SHOW WORK
Use the following information to answer the next 3 questions: Randall Inc. manufactures pocket protectors and uses the EIF0 method of process costing. Direct materials are added at the beginning of the production process. Conversion costs are incurred evenly throughout production. Inspection takes place at the end of the production process. After inspection, some units are spoiled due to defects. Spoiled units generally constitute 1% of the good units transferred out (this is normal spoilage). Assume all spoilage is from the current month's production. Data provided for February is as follows: 18. (1 point) How many units will be included in abnormal spoilage for February? a. 2,012 units b. 2,855 units c. 2,830 units d. 2,766 units e. 3,673 units f. 3,570 units g. 3,336 units h. None of the above 19. ( 2 points) What cost would be associated with normal and abnormal spoilage, respectively, in February? [Round the cost per equivalent unit to the nearest penny) a. $3,072;$1,409 b. $2,499;$1,981 c. $2,482;$1,999 d. $2,544;$1,936 e. $1,909;$2,571 f. $2,507;$1,988 g. $1,428;$1,071 h. None of the above 20. ( 2 points) What is the total cost assigned to the good units transferred out during February?(Round the cost per equivalent unit to the nearest penny,) a. $198,477 b. $200,976 c. $251,157 d. $253,656 e. $253,246 f. $255,637 g. $250,738 h. None of the aboveStep by Step Solution
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