Process costing under weighted average, spoilage, journal entries Victoria's Closet mass produces luxurious sleepwear for women. Consider the following data for the Flannel Night Gown Department for the month of January. All direct materials are added at the beginning of production in the department, and conversion costs are incurred evenly throughout production Inspection occurs when production is 100% completed. Normal spoilage is 7,260 units or the month Physical Units 12,100 81,400 Beginning WIP (25% complete) Started during January Total to account for Good units completed and transferred out during current period: From beginning work in process Started and completed 12,100 S5,000 8,800 Spoiled units Ending WIP (75% complete) 93,500 Total accounted for Costs Beginning WIP: 242,000 Direct materials Conversion costs 275,000 Total beginning WI Costs added during current period Direct materials 1,628,000 Costs added during current period Direct materials 1,628,000 Conversion costs $2,939,200 Costs to account for Required Prepare a process cost report using the weighted average method. (Round all answers to zero decimal places. Weighted Average Units Costs Total units completed and transferred out: Good units Normal spoilage Total transferred out Abnormal spoilage Ending WIP: Direct materials Total units completed and transferred out: Good units Normal spoilage Total transferred out Abnormal spoilage Ending WIP: Direct materials Conversion costs Total ending WIP cost Total Good Units Accounted For Total Accounted For Description Debit Credit (To record the cost of raw materials used in production during January.) (To record the conversion costs incurred in (To record the cost of 67,100 units transferred to finished goods during January (includes the cost of normal spoilage).) (To record the cost of abnormal spoilage during January.)