Reference no: EM132462177
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to nondetectible materials defects. Inspection occurs when units are 50% converted. Spoiled units generally constitute 5% of the good units.
Data for December 2015 are as follows:
WIP, beginning inventory 12/1/2015 = 22,700 units
Direct materials (100% complete)
Conversion costs (75% complete)
Started during December = 77,000 units
Complete and transferred out 12/31/2015 = 72,000 units
WIP, ending inventory 12/31/2015 = 18,000 units
Direct materials (100% complete)
Conversion costs (65% complete)
Costs for December
WIP, beginning inventory
Direct materials = $151,000
Conversions costs = 77,700
Direct materials added = 228,400
Conversion costs added = 299,000
Question 1: What cost is allocated to abnormal spoilage using the weighted-average process-costing method?
a. $0
b. $77,700.00
c. $37,582.15
d. $31,500
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