- X Requirements for A 1 B D Physical Units Direct Conversion (Computer Chips) Materials Costs 1,500 $ 100,800 $ 16,450 100% 30% 1. For each cost category, compute equivalent units. Show physical units in the first column. 2. Summarize total costs to account for, calculate cost per equivalent unit for each cost category, and assign costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work in process. 3. Should Wintel's managers choose the weighted average method or the FIFO method? Explain. 1,7601 2,100 550 2 Work in process, beginning inventory (September 1) 3 Degree of completion of beginning work in process 4 Started during September 5 Good units completed and transferred out during September 6 Work in process, ending inventory (September 30) 7 Degree of completion of ending work in process 8 Total costs added during September 9 Normal spoilage as a percentage of good units 10 Degree of completion of normal spoilage 11 Degree of completion of abnormal spoilage 100% 10% $ 577,280 $ 226,870 15% Print Done 100% 100% 100% 100% VOIR IT process, ending 3,260 Accounted for Wintel is a fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. Wintel uses the FIFO method of process costing. Summary data and weighted average data for September 2020 are as follows: E: (Click the icon to view the data.) E: (Click the icon to view the weighted average data.) Read the requirements. Weighted average data Enter the physical units in first, then calculate the equivalent units. (Complete all input fields. Enter a "0" for applicable zero amounts Total Production Direct Conversion Equivalent Units Costs Materials Costs Physical Direct Conversion $ 208.00 $ 88.00 Cost per equivalent unit for work done to date Flow of Production Units Materials Costs Work in process beginning 1,500 $ 212.520 Started during current period 1,760 502,320 $ 61,360 3,260 Cost of units completed and transferred out Abnormal spoilage Work in process, ending Total costs accounted for 714,840 $ 87,320 119,240 921,400 $ 25,960 4,840 To account for 114,400 678,080 $ $ 243,320 Completed and transferred out during current period From beginning work in process Started and completed 1,500 600 315 Normal spoilage Abnormal spoilage Print Done 295 550 Work in process, ending 3,260 Accounted for Equivalent units of work done in current period Enter any number in the edit fields and then click Check