Spiderman produces Product NWH. All direct material is entered at the beginning of the process. Some shrinkage occurs during the production process, but management considers any shrinkage of less than 5 percent to be normal. You were presented data (in units and in amounts) from its May 2021 operations: 20.000 unitsUSE Beginning WIP inventory Started in May Transferred to FG inventory Ending WIP inventory Beginning WIP inventory Materials 220,000 units 199,000 units 28,800 units P34,000 P18,000 Conversion costs Current period costs Materials Conversion costs P313,500 P173,264 The beginning WIP inventory and ending WIP inventory were complete as to conversion by 25% and 30%, respectively. 12. How much costs were added to the beginning inventory units to be completed? 13. Was your answer above inclusive of cost of materials? - answer YES or NO? 14. What is the total cost of units transferred from the beginning inventory? 15. What is the total cost of units started and completed in May? 16. What is the total cost of the ending inventory? 17. Using your analysis, select all items that are correct: 1 point The cost of the normal spoilage will always reduce the profit. The cost of the normal spoilage will be reflected on the financial performance. The cost of the abnormal spoilage will always reduce the profit. The cost of the abnormal spoilage will reduce the work in process inventory. The cost of the abnormal spoilage will be reflected on the financial performance. The cost of the normal spoilage will reduce the work in process inventory. 18. What amount will be reflected on the financial performance as a result of the abnormal spoilage? 19. If Spiderman uses WAM, what is the EUP for materials in May? 20. If Spiderman uses WAM, what is the EUP for conversion costs in May?