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What is the total cost of the abnormal spoilage

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Question - CC and Co. purchases fish and creates spicy fish patties to sell to its retail sales department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some patties are spoiled due to defects. Inspection occurs when units are 100% converted. Normal spoiled patties generally constitute 4% of the good patties. Data for January 2020 are as follows:

WIP, beginning inventory 1/1/20 25,000 patties

Direct materials (100% complete)

Conversion costs (50% complete)

Started during January 230,000 patties

Completed and transferred out Jan. 31, 2020 190,000 patties

WIP, ending inventory 1/31/2020 45,000 patties

Direct materials (100% complete)

Conversion costs (30% complete)

Costs for January:

WIP, beginning Inventory:

Direct materials $130,000

Conversion costs 95,910

Direct materials added 300,000

Conversion costs added 383,130

Required -

How many total units were spoiled?

How many units should be considered "abnormal" spoilage?

What is the TOTAL cost of the abnormal spoilage?

Reference no: EM132938871

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