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swear. It produces all of its products in oli 3. Venosis Sports is a manufacturer of sportswear. It prod information for the current month is

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swear. It produces all of its products in oli 3. Venosis Sports is a manufacturer of sportswear. It prod information for the current month is as follows: 22,000 units 44,000 units 55,000 units Beginning work in process Units started Units completed Ending work in process Spoilage 10,000 units 1,000 units $15,000 $ 6,000 $70,800 Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Conversion cost added during month $37,400 Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process. Required: (29 points) Prepare a production cost worksheet if spoilage is recognized and the FIFO method is used

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