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What is the cost of the abnormal spoilage for january

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Reference no: EM132805525

The following details are available for January production.

Beginning inventory

Number of units 4,500

Direct materials cost $22,500

Conversion cost $13,000

Per cent completion 65%

Month of January activity

Number of units started 25,000

Direct material A cost $160,000

Direct material B cost $354,000

Conversion costs $560,600

Number of units completed 22,000

Ending inventory 7,000

Per cent completion of ending inventory 40%

Problem 1: The company uses the FIFO method. What is the cost of the abnormal spoilage for January?

Reference no: EM132805525

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