complete with respect to conversion. During October, it put 87.000 units into production and completed 89,000 gom ending work-in-process that were 70% complete with respect to conversion. Direct materials are added at the beg of the process, and normal spoilage is 6% of good output. Costs related to the beginning inventory were $36,800 f costs. During the month, the company issued $280,000 of direct materials and incurred $599,400 of conversion co Assume Eagles uses the weighted-average method of process costing. What are the normal and abnormal spollag
complete with respect to conversion. During October, it put 87.000 units into production and completed 89,000 gom ending work-in-process that were 70% complete with respect to conversion. Direct materials are added at the beg of the process, and normal spoilage is 6% of good output. Costs related to the beginning inventory were $36,800 f costs. During the month, the company issued $280,000 of direct materials and incurred $599,400 of conversion co Assume Eagles uses the weighted-average method of process costing. What are the normal and abnormal spollag
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Eagles Ltd uses process costing in its Fabricating Department. At the beginning of October, it had 12,000 units in beginning work-in-process that were 40%
complete with respect to conversion. During October, it put 87.000 units into production and completed 89.000 good units. On October 31, there were 3.000 units in
ending work-in-process that were 70% complete with respect to conversion. Direct materials are added at the beginning of the process. Inspection occurs at the end
of the process, and normal spoilage is 6% of good output. Costs related to the beginning inventory were $36,800 for direct materials and $28,600 for conversion
costs. During the month, the company issued $280,000 of direct materials and incurred $599,400 of conversion costs
Assume Eagles uses the weighted-average method of process costing. What are the normal and abnormal spollage units, respectively for October?
OA. 5,340 units: 1,660 units
OB. 5,220 units; 1,780 units
OC. 7,000 units: 1,660 units
OD. 5,340 units: 1,780 units
OE. 5,940 units; 1,060 units
CERED
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