Screen Shot 2010-11-01 0766.32 PM Cho Mest growing mature of computery Drew the anthe price Conversion contre ledverly urge procesor units of andere profesor de region of friends were we prowing my te for 2015 ke Round for school category, the stuur 1. Durata come to contact integratorining Enter the sia in the call the Da bi Dw Conversion Physical Units computer chip 100 ST 305 wo Stand during cutter Touter Corpieles Fromborg work in Sundance Homepage Abrom plage Work in prong 2.000 1.300 Wenger Degree of Stage Good Gout Bebe Wiring Den ung Total cost ded duro Setter No po seria good Ogos Degree of controller 1001 $502 400 35 5291,750 15% 100% 100% 100% 100% Work done by Pret Done Enter tube then click Check Awww o Exercise 18-25 (similar to) Question Help Chip Master Inc. is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value Chip Master uses the FIFO method of process costing. Summary data for September 2015 are: (Click the icon to view the data.) Required 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. 2. Summarize total costs to account for calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spolage), to abnormal spoilage, and to units in ending work in process Requirement 1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, and then calculate the equivalent units Data Table Physical Units Direct Materials 596,140 100% Conversion Costs $19,280 30% Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spallage Work in process, ending Accounted for Physical Units (computer chips) Work in process, beginning inventory (Sept. 1) 1,300 Degree of completion of beginning WIP Started during September 2,600 Good units completed and transferred out during September 1,700 Work in process, ending inventory (Sept. 30) 900 Degree of completion of ending WIP Total costs added during September Normal spolage as a percentage of good units 15% Degree of completion of normal spollage Degree of completion of abnormal spolago 100% $582.400 35% $291,750 (0/1 100% 100% 100% 100% (0/4 Enter any number in the edit fields and then click Check Answer Print Done nante Chip Master Inc. is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. Chip Master uses the FIFO method of process costing. Summary data for September 2015 are: (Click the icon to view the data.) Required 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. 2. Summarize total costs to account for, calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Requirement 1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, and then calculate the equivalent units. - X Data Table Physical Flow of Production Units Direct Conversion Work in process beginning Started during current period Materials $96,140 100% Costs $19,280 30% To account for Completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Physical Units (computer chips) Work in process, beginning inventory (Sept. 1) 1,300 Degree of completion of beginning WIP Started during September 2,600 Good units completed and transferred out during September 1,700 Work in process, ending inventory (Sept. 30) 900 Degree of completion of ending WIP Total costs added during September Normal spoilage as a percentage of good units 15% Degree of completion of normal spoilage Degree of completion of abnormal spoilage 100% $582,400 35% $291,750 100% 100% 100% 100% Accounted for Work done in current period only Print Done Enter any number in the edit fields and then click Check Answer. ? Screen Shot 2010-11-01 0766.32 PM Cho Mest growing mature of computery Drew the anthe price Conversion contre ledverly urge procesor units of andere profesor de region of friends were we prowing my te for 2015 ke Round for school category, the stuur 1. Durata come to contact integratorining Enter the sia in the call the Da bi Dw Conversion Physical Units computer chip 100 ST 305 wo Stand during cutter Touter Corpieles Fromborg work in Sundance Homepage Abrom plage Work in prong 2.000 1.300 Wenger Degree of Stage Good Gout Bebe Wiring Den ung Total cost ded duro Setter No po seria good Ogos Degree of controller 1001 $502 400 35 5291,750 15% 100% 100% 100% 100% Work done by Pret Done Enter tube then click Check Awww o Exercise 18-25 (similar to) Question Help Chip Master Inc. is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value Chip Master uses the FIFO method of process costing. Summary data for September 2015 are: (Click the icon to view the data.) Required 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. 2. Summarize total costs to account for calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spolage), to abnormal spoilage, and to units in ending work in process Requirement 1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, and then calculate the equivalent units Data Table Physical Units Direct Materials 596,140 100% Conversion Costs $19,280 30% Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spallage Work in process, ending Accounted for Physical Units (computer chips) Work in process, beginning inventory (Sept. 1) 1,300 Degree of completion of beginning WIP Started during September 2,600 Good units completed and transferred out during September 1,700 Work in process, ending inventory (Sept. 30) 900 Degree of completion of ending WIP Total costs added during September Normal spolage as a percentage of good units 15% Degree of completion of normal spollage Degree of completion of abnormal spolago 100% $582.400 35% $291,750 (0/1 100% 100% 100% 100% (0/4 Enter any number in the edit fields and then click Check Answer Print Done nante Chip Master Inc. is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. Chip Master uses the FIFO method of process costing. Summary data for September 2015 are: (Click the icon to view the data.) Required 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. 2. Summarize total costs to account for, calculate cost per equivalent unit for each cost category, and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Requirement 1. For each cost category, calculate equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, and then calculate the equivalent units. - X Data Table Physical Flow of Production Units Direct Conversion Work in process beginning Started during current period Materials $96,140 100% Costs $19,280 30% To account for Completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Physical Units (computer chips) Work in process, beginning inventory (Sept. 1) 1,300 Degree of completion of beginning WIP Started during September 2,600 Good units completed and transferred out during September 1,700 Work in process, ending inventory (Sept. 30) 900 Degree of completion of ending WIP Total costs added during September Normal spoilage as a percentage of good units 15% Degree of completion of normal spoilage Degree of completion of abnormal spoilage 100% $582,400 35% $291,750 100% 100% 100% 100% Accounted for Work done in current period only Print Done Enter any number in the edit fields and then click Check