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Question Help E18-24 (similar to) wwwwwwww wwwry wwwwwww wrn www Consider the following data for November 2017 from Gonnett Manufacturing Company, which makes silk pennants

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Question Help E18-24 (similar to) wwwwwwww wwwry wwwwwww wrn www Consider the following data for November 2017 from Gonnett Manufacturing Company, which makes silk pennants and uses a process-costing system. All direct materials are added at the beginning of the process, and conversion costs are added evenly during the process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value. Gannett Manufacturing Company uses the FIFO method of process costing (Click the icon to view the data) (Click the icon to view the equivalent unit computation.) Read the requirement work in process. (Complete all input fields. Enter a "0" for any zero amounts. Round your answers to the nearest dollar) Total Direct Conversion Production Costs Materials Costs Completed and transferred out Work in process beginning 3,799 2,628 $ 1,171 Costs added to beginning inventory before normal spoilage 1,683 0 1,683 Total from beginning inventory before normal spoilage 5,482 Started and completed before normal spoilage Normal spoilage Total costs of units completed and transferred out ed eve ero ne the following data for November 2017 from Gannett Manufacturing Company, which makes silk pennants and use osting ss. Spoi nnett M i Data Table the ico requires ocess. Physical Units Direct Conversion (Pennants) Materials Costs Conve Work in process, November 10 1,100 $2,628 $1,171 Started in November 2017 ? Co d and to Good units completed and transferred out during November 2017 9,050 proces Normal spoilage 70 added Abnormal spoilage 30 Work in process, November 30 2,200 from b Total costs added during November 2017 $14,350 $29,801 and co Degree of completion direct materials, 100%; conversion costs, 55%. Degree of completion direct materials, 100%; conversion costs, 10%. Doilage b costs Print Done m anymotorcer any OTTICT TIC PICTUS UT TICT CTEK CTTCCTSTOVUT IS he ostin x BV SS 0 Data Table nel the Equivalent Units Direct Conversion ces Materials Costs ar 0 495 7,950 7,950 oro dd Flow of Production Good units completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Work done in current period only 70 70 Top 30 2,200 30 220 nd ila 10,250 8,765 og rint Done

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