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Verer Custom Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in

Verer Custom Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to undetectable material defects. Spoiled units generally constitute 4% of the good units. Data provided for March 2017 are as follows:

WIP, beginning inventory 3/1/2017

32,200 units

Direct materials (100% complete)

Conversion costs

(85%

complete)

Started during March

70,300 units

Completed and transferred out

80,200 units

WIP, ending inventory 3/31/2017

18,700 units

Direct materials (100% complete)

Conversion costs

(70%

complete)

Costs:

WIP, beginning inventory:

Direct materials

$70,500

Conversion costs

40,700

Direct materials added

105,000

Conversion costs added

128,160

What costs would be associated with normal and abnormal spoilage, respectively, using the FIFO method of process costing? (Round any cost per unit calculations to the nearest cent.)

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