1.In process costing, normal rework costs would be charged ______________.
only to MOH
only to WIP
to either WIP or MOH
to Cost of Goods Sold
2.In a process costing system, the value of spoiled goods that can be sold as “seconds” would normally be credited to:
3. At the end of March, the company had 2,000 units in ending inventory. Another 5,000 units were started in April. 4,000 units were completed and transferred out. There were 2,700 in ending inventory. If the normal spoilage rate is 2%, how many defective units should the company expect?