Question 2 Windhoek Process Ltd ( Windhoek Process ors) produce purple widgets

TION 2 (20 MARKS, 36 MINUTES) oek Processors Ltd ("Windhoek Processors") produces purple widgets, which require sing through multiple production departments. The first department in the process is the department, where the widgets are initially created. The widgets then move to the ig department for further work. During the month of September 2022 , the casting ment incurred N$222,750 of direct material costs and N$141,050 of conversion costs ised of direct labor and factory overhead). information relating to the Casting department for September 2022 are as follows: The Work-In-Progress on 30 September 2022 is 100% complete (material) and 80% complete (conversion). Materials are added at the beginning of the process. nspection for losses takes place when the process is 80% complete. Normal loss is 5% of the units that reached the inspection point. is the company's policy to value its inventories on the basis of First-In-First-Out (FIFO TION 2 (20 MARKS, 36 MINUTES) oek Processors Ltd ("Windhoek Processors") produces purple widgets, which require sing through multiple production departments. The first department in the process is the department, where the widgets are initially created. The widgets then move to the ig department for further work. During the month of September 2022 , the casting ment incurred N$222,750 of direct material costs and N$141,050 of conversion costs ised of direct labor and factory overhead). information relating to the Casting department for September 2022 are as follows: The Work-In-Progress on 30 September 2022 is 100% complete (material) and 80% complete (conversion). Materials are added at the beginning of the process. nspection for losses takes place when the process is 80% complete. Normal loss is 5% of the units that reached the inspection point. is the company's policy to value its inventories on the basis of First-In-First-Out (FIFO