Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2012 totaled $2,280,000 as follows.

Production records show that 35,000 units were in beginning work in process 30% complete as to conversion costs, 660,000 units were started into production, and 25,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.

Instructions
(a) Determine the equivalent units of production and the unit production costs for the Assembly Department.
(b) Determine the assignment of costs to goods transferred out and in process.
(c) Prepare a production cost report for the AssemblyDepartment.

Transcribed Image Text:

Work in process, November 1 Materials $79,000 Conversion costs Materials added Labor Overhead 48,150 127,150 1,589,000 225,920 337,930