The company cuts bulk cheese into consumer size packages using automated cutting equipment and a process costing system. The production standards include an allowance of 1.0% of units completed for expected losses (spoilage). Quality inspections are done at the end of the process. Any excess losses are accounted for as Abnormal Spoilage Expense in manufacturing overheads. Following is the production information for the last period. Units of Production Work In Process - Beginning Units starting in the month Units completed and transferred out Work In Process - Ending Kgs 900 20,000 19,500 1,000 Production Costs Direct Materials Conversion Costs Work In Process - Beginning costs 7,713 1,935 Current period costs 215,097 429,140 Percentage Complete Work In Process - Ending 90% 15% Required: 1. Calculate the Physical Units to account for. Round spoilage Kgs to zero decimal places. 2. Calculate the Equivalent Units. Round the equivalent units to one decimal place. 3. Determine the total costs to account for. All spoiled units are separated to be sold to a processed cheese manufacturer for $10.00 per Kg. Spoiled units are placed in resale inventory and the resale value is treated as a reduction in production costs for direct materials. 4. Compute the Cost per Equivalent unit for each cost category. Round up the costs per unit to 3 decimal places. 5. Complete the cost assignment. Round the amounts to the nearest dollar (zero decimals). Ignore any minor Total Costs rounding difference (less than 10 dollars). 6. Show the period end journal entry to adjust Work In Process and allocate the period's costs.