4.

Requirement

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Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.

Data table

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	Physical Units	Direct	Conversion
	(Pennants)	Materials	Costs

Work in process, November1a	1,250	$1,684	$189
Started in November 2017	?
Good units completed and transferred out during November 2017	9,400
Normal spoilage	90
Abnormal spoilage	30
Work in process, November30b	2,300
Total costs added during November 2017		$12,684	$32,657

a Degree of completion: direct materials, 100%; conversion costs, 30%.

b Degree of completion: direct materials, 100%; conversion costs, 20%.

Consider the following data for November 2017 from Fenton Manufacturing Company, which makes silk pennants and uses a process-costing system. All direct materials are added at the beginning of the process, and conversion costs are added evenly during the process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value. Suppose Fenton Manufacturing Company uses the FIFO method of process costing.

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Part 1

Enter the physical units in first, then calculate the equivalent units. (Complete all input fields. Enter a "0" for any zero amounts.)

	Physical
Flow of Production	Units
Work in process, beginning
Started during current period
To account for
Good units completed and transferred out during current period:
From beginning work in process
Started and completed
Normal spoilage
Abnormal spoilage
Work in process, ending
Accounted for
Equivalent units of work done in current period