RESULTS FOR 18-21

CAN YOU PLEASE HELP ME TO SOLVE 18-22 QUESTION? PLEASE SHOW YOUR WORK STEP BY STEP AND INCLUDE ALL ELEMENTS WHAT QUESTION ASKING FOR.

18-21 Weighted-average method, spoilage, equivalent units. (CMA, adapted) Consider the following data for November 2017 from MacLean 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. MacLean Manufacturing Company uses the weighted average method of process costing. Physical Units (Pennants) 1,350 ? 8,800 Direct Materials $ 966 Conversion Costs $ 711 Work in process, November 1a Started in November 2017 Good units completed and transferred out during November 2017 Normal spoilage Abnormal spoilage Work in process, November 306 Total costs added during November 2017 80 50 1,700 $10,302 $30,055 Degree of completion: direct materials, 100%; conversion costs, 45%. Degree of completion direct materials, 100%; conversion costs, 35%. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Required Weighted average method: Beginning work-in-process + units started during the period = completed units + ending work-in-process + total spoilage 1,350 +9,280 = 8,800 + 1,700 + 130 total spoilage = normal spoilage + abnormal spoilage = 80 +50 = 130 units please refer to the attached image to view the calculation of equivalent units of production. Explanation: Calculation of Equivalent units of production (EUP) Output Materials (EUP) Physical units (whole units) Conversion cost (EUP) % units 100% 8,800 % 100% Units 8,800 8,800 1,700 100% 1,700 35% 595 Completed units Ending work-in- process Normal spoilage Abnormal spoilage Total EUP 80 100% 80 100% 80 50 100%1 50 100% 50 10,630 10,630 units 9,525 units 18-22 Weighted-average method, assigning costs (continuation of 18-21). For the data in Exercise 18-21, summarize the total costs to account for; calculate the cost per equivalent unit for direct materials and conversion costs; and assign costs to units completed and transferred out (in- cluding normal spoilage), to abnormal spoilage, and to units in ending work-in-process inventory. Required 18-21 Weighted-average method, spoilage, equivalent units. (CMA, adapted) Consider the following data for November 2017 from MacLean 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. MacLean Manufacturing Company uses the weighted average method of process costing. Physical Units (Pennants) 1,350 ? 8,800 Direct Materials $ 966 Conversion Costs $ 711 Work in process, November 1a Started in November 2017 Good units completed and transferred out during November 2017 Normal spoilage Abnormal spoilage Work in process, November 306 Total costs added during November 2017 80 50 1,700 $10,302 $30,055 Degree of completion: direct materials, 100%; conversion costs, 45%. Degree of completion direct materials, 100%; conversion costs, 35%. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Required Weighted average method: Beginning work-in-process + units started during the period = completed units + ending work-in-process + total spoilage 1,350 +9,280 = 8,800 + 1,700 + 130 total spoilage = normal spoilage + abnormal spoilage = 80 +50 = 130 units please refer to the attached image to view the calculation of equivalent units of production. Explanation: Calculation of Equivalent units of production (EUP) Output Materials (EUP) Physical units (whole units) Conversion cost (EUP) % units 100% 8,800 % 100% Units 8,800 8,800 1,700 100% 1,700 35% 595 Completed units Ending work-in- process Normal spoilage Abnormal spoilage Total EUP 80 100% 80 100% 80 50 100%1 50 100% 50 10,630 10,630 units 9,525 units 18-22 Weighted-average method, assigning costs (continuation of 18-21). For the data in Exercise 18-21, summarize the total costs to account for; calculate the cost per equivalent unit for direct materials and conversion costs; and assign costs to units completed and transferred out (in- cluding normal spoilage), to abnormal spoilage, and to units in ending work-in-process inventory. Required