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  3. 20) under the weighted-average method, the costs o

20) Under the weighted-average method, the costs of normal spoilage are added to the costs...

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20) Under the weighted-average method, the costs of normal spoilage are added to the costs of their related good units. Hence, the cost per good unit completed and transferred out equals the total costs transferred out divided by the number of good units produced. 110) Viking Sports is a manufacturer of sportswear. It produces all of its products in one department. The information for the current month is as follows: Beginning work in process 20,000 units Units started 40,000 units Units completed 50,000 units Ending work in process 8,000 units Spoilage 2,000 units Beginning work-in-process direct materials $12,000 Beginning work-in-process conversion $ 4,000 Direct materials added during month $60,000 Direct manufacturing labor during month $20,000 Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process. Required: Prepare a production cost worksheet if spoilage is recognized and the weighted average method is used

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