Wintel 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. Wintel uses the weighted-average method of process costing. Summary data for September 2017 are as follows: (Click the icon to view the data.) Read the requirements Data table 2 Work in process, beginning inventory (September 1) B Physical Units (Computer Chips). Direct D Conversion Materials Costs 1,000 $ 160,640 S 15,810 100% 30% 3 Degree of completion of beginning work in process 4 Started during September 2,780 5 Good units completed and transferred out during September 2,600 500 Degree of completion of ending work in process 6 Work in process, ending inventory (September 30) 7 fo to ent ing SAIT 8 Total costs added during September Normal spoilage as a percentage of good units 10 Degree of completion of normal spoilage 11 Degree of completion of abnormal spoilage 100% 30% $ 572,680 $ 272,310 15% X 100% 100% ransferred 100% 100% Requirement 1. For each cost category, compute equivalent units. Show physical units in the first column of your schedule. Enter the physical units in first, then calculate the equivalent units. Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Work done to date Equivalent Units Physical Direct Conversion Units Materials Costs Requirement 2. Summarize the total costs to account for, calculate the cost per equivalent unit for each cost category, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Begin by summarizing the total costs to account for Total Production Costs Direct Materials Conversion Costs Total costs to account for Next, calculate cost per equivalent unit for each cost category. (Enter your answers to the nearest cent.) Cost per equivalent unit for work done to date Direct Materials Conversion Costs Finally, assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. (Round Intermediary calculations and your final answers to the nearest whole dollar. Note that the total costs account for direct materials and conversion costs may not equal the total production costs due to rounding.) Total Direct Conversion Production Costs Materials Costs Total cost of good units completed and transferred out Abnormal spoilage Work in process, ending