Spoil. BJECTIVE 8 frames are pro- ed to the Assem together. (The ent.) In June with respect to 5. ASSIT LIL DU PLICLIL UI U P age. Show the spoilage treatment for this scenario. Problem 6.43 Appendix: Normal and Abnormal Spoilage in Process Costing Novel Toys, Inc., manufactures plastic water guns. Each gun's left and right frames duced in the Molding Department. The left and right frames are then transferred to the bly Department where the trigger mechanism is inserted and the halves are glued togethe left and right halves together define the unit of output for the Molding Department. In the Molding Department reported the following data: a. In the Molding Department, all direct materials are added at the beginning of the pro b. Beginning work in process consisted of 3,000 units, 20 percent complete with res direct labor and overhead. Costs in beginning inventory included direct materials, $450- conversion costs, S138. C. Costs added to production during the month were direct materials, $950; and conversie costs, $2,174.50. d. Inspection takes place at the end of the process. Malformed units are discarded. All spoila is considered abnormal. e. During the month, 7,000 units were started, and 8,000 good units were transferred out to Finishing. All other units finished were malformed and discarded. There were 1,000 units that remained in ending work in process, 25 percent complete. Required: 1. Prepare a physical flow schedule. 2. Calculate equivalent units of production using the weighted average method. 3. Calculate the unit cost. 4. What is the cost of goods transferred out? Ending work in process? Loss due to spoilage? 5. Prepare the journal entry to remove spoilage from the Molding Department