Question: Total overhead is not given Consider the following data for November 2017 from Marco Manufacturing Company, which makes si pennants and uses a process costing
Total overhead is not given



Consider the following data for November 2017 from Marco Manufacturing Company, which makes si pennants and uses a process costing system Al directors are added at the beginning of the process and conversion costs are added evenly during the process. Spolage is detected upon inspection at the completion of the process Spoiled its disposed of at zero net disposal value Marzoto Mandacturing Company to the FIFO method of process conting the conto Vw the data) Click the icon to view the equivalent unit computation Read the required Begin by marting the toccount for Total Production Costs Direct Materials Conversion Costs Work in proging Work in proceso Toto Clear all Check answer Help me solve this Etext pages Get more help Direct Conversion Materials $2,628 Costs $1,171 cu Physical Units (Pennants) Work in process, November 18 1,100 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 305 2,200 Total costs added during November 2017 Degree of completion direct materials, 100%, conversion costs, 55% Degree of completion direct materials, 100%, conversion costs, 10% ia $14,350 $29,801 Print Done Equivalent Units Direct Conversion Materials Costs 0 495 7,950 Flow of Production Good units completed and transferred out during current period: From beginning work in process Started and completed Normal spoilage Abnormal spoilage Work in process, ending Work done in current period only 7,950 70 70 30 2,200 30 220 10,250 8,765 Print Done Requirement Summarize the total costs to account for; calculate the cost per equivalent unit for direct materials and conversion costs; and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. Print Done
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