Question: REQUIRED Weighted average method, spoilage, equivalent units. (adapted Consider the following data for November from Gry Manufacturing Company, which mas silk penants and uses a
REQUIRED Weighted average method, spoilage, equivalent units. (adapted Consider the following data for November from Gry Manufacturing Company, which mas silk penants and uses a process.costing system. All direct math are ed at the beginning of the process, and cover costs are added amly during the process Sporlage is detected upon inspection at the completion of the process Spoiled units are disposed of at net disposal value. Gray Manufacturing Company was the weighted as a method of process costing Physical Units Direct Cove Promast Materte Costs ) Work in proces, November 1" 1000 $ 1.110 Started in November 2 Good units completed and transferred 9.000 out during Novesber Normal sporlage 100 Almonal pollage 30 Work in process November 30 2.000 $12.180 $27,750 Total costs added during November 1. How much is the unit started in November? 2 Compute equivalent unit for DM in Weighted Average 3. Compute equivalent unit for CC in Weighted Average 4. Compute equivalent unit for DM in FIFO 5. Compute equivalent unit for CC in FIFO "Degree of completion direct materials, 100% CORVETTE costa, 50% 'Degree of completion direct materials 100% conversion costs 30%
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