save Consider the following data for November 2017 from Mundy Manufacturing Company, which makes silk pennants and uses a process-costing system Al 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. Spoled units are disposed of at zero net disposal value Suppose Mundy Manufacturing Company uses the FIFO method of process conting Data table Physical Flow of Production Units Work in process, beginning Started during current paned Physical Units Dect Conversion (Pennants) Materials Costs To account for Good units compted and transferred out dunng current period From beginning wo in process Started and completed Normal ge Abromal spolage Accouned for Equivalent units work done le cute Work in process, November 1 900 $1.755 $1.00 Started in November 2017 dood unto completed and transferred out during November 2017 9,100 Normal spolage 150 Abnormal spolage 25 2.100 $10.004 330064 Work in process, November 30 Tetat costs added during November 2017 Print Done - X Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule. Print Done - X Consider the following data for November 2017 from Gray 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 Spodage in detected upon inspection at the completion of the process. Spotted units are disposed of at zero net disposal value. Oray Manufacturing Company uses the weighted average method of process costing (Click the icon to view the data) Requirement Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule Data table Work in process, November 1 Started in November 2017 Good units completed and transferred out during November 2017 Normal spoilage Abnormal spoilage Work in process, November 30b Total costs added during November 2017 Physical Units Direct Conversion (Pennants) Materials Costs 1,400 $1,263 $1,756 ? 9,600 170 60 2,500 Degree of completion: direct materials, 100%; conversion costs, 45%. Degree of completion: direct materials, 100%; conversion costs. 35%. Print Done $12,300 $32,500 - X Physical Flow of Production Units Work in process, beginning Started during current period To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Equivalent units of work done to date