Question: Process costing question The inspection point is 80%. Opening Work in progress is 20% complete. Closing Work in progress is 82% complete. Normal spoilage is

Process costing question

Process costing question The inspection point is 80%. Opening Work in progress

The inspection point is 80%.

Opening Work in progress is 20% complete. Closing Work in progress is 82% complete.

Normal spoilage is 4% of all good units that pass inspection during the year.

What is the number of normal spoilage?

Physical 5,000 Step 1 Units accounted for Opening WIP Transfer during the year Total 20,000 25,000 Units accounted for Goods completed EWIP 21,000 1000

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