Process costing - Spoilage

Process Costing Information (Use for Task 11 only): The company started 8,762 tables in production. The normal spoilage rate is 1.2% of tables started. Inspection occurs when the tables are approximately 60% complete for all costs. Ending work in process has 90% of materials and 70% of direct labor and on average is 70% completed. There were 110 tables in beginning work in process. Round equivalent units to the nearest round number. 2. Determine equivalent units for the year. See the Company Information for additional information. Material Labor Overhead Beginning Started Total to Account for: 8,762 110 8,872 0 0 0 0 0 0 01 0 0 0 0 Beginning Started/Completed Work In Process Normal Spoilage Abnormal Spoilage Total Accounted for: 0 0