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Megachip specializes in the manufacture of ball bearings for aircraft. 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. Normally, the spoiled units are 15% of the good units transferred out. Spoiled units are disposed of at zero net disposal price. Megachip uses the weighted-average method of process costing. Summary data for September 2018 are: (Click the icon to view the data.) Required 1. For each cost element, compute the equivalent units. Show physical units in the first column. 2. For each cost element, calculate the cost per equivalent unit. , . 3. Surrimarize total costs to account for, and assign these costs to units completed and transferred out (to normal spoilage), to abnormal spoilage, and to units in ending work in process. Requirement 1. For each cost element, compute the equivalent units. Show physical units in the first column. Enter the physical units in first, and then calculate the equivalent units. Physical - X Data Table Flow of Production Units Work in process, beginning Started during current period Direct Materials $96,280 Conversion Costs $11.710 To account for Completed and transferred out during current period Normal spoilage Abnormal spoilage Work in process, ending Accounted for Work done to date Physical Units (ball bearings) Work-in-process, September 1 1.100 Started during September 2018 2,900 Good units completed and transferred out during September 2018 2.050 Work-in-process, September 305 200 Costs added during Soplomber 2018 Degree of completion: direct materials, 100%; conversion costs, 30% Degree of completion: direct materials, 100%; conversion costs, 35%. $581,900 $299,750 Print Done Enter any number in the edit fields and then click Check

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