Consider the following data for November 2017 from Gray 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 Gray Manufacturing Company uses the FIFO method of process costing. Physical Units Direct Conversion (Pennants) Materials Costs Work in process, November 18 1,100 $2,628 $1,171 Started in November 2017 ? Good units completed and transferred out during November 2017 9.050 Normal spoilage 70 Abnormal spoilage 30 Work in process, November 30b 2,200 Total costs added during November 2017 $14,350 $29,801 a Degree of completion: direct materials, 100%; conversion costs, 55%. bDegree of completion direct materials, 100%; conversion costs, 10%. REQUIREMENT: Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule