Two department process costing using weighted average The Selma Corporation manu- factures several lines of suitcases which are sold in discount department chains in the eastern United States. The Cordwood Division makes molded suitcases in eight different sizes. The ''Overnighter/' a popular size, is manufactured in a continuous flow production process requir- ing two process centers. Molding and Finishing. The company uses the weighted average inventory method to account for production inventory cost flows. Below are production data for the month of November. There was no beginning inventory in Molding at the beginning of November because of extensive equipment maintenance in Molding at the end of October.

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Molding Process Center No beginning work in process. 5,000 units started during the month. 4,000 units completed and transferred to Finishing. Ending inventory is complete in terms of material and 60 percent converted. Direct material cost in November was $25,000. November conversion cost was $13,800. Finishing Process Center Beginning work in process on November 1 was 2,000 units with all material and 50 percent conversion. Costs in beginning inventory were $15,760 for preceding department costs, $4,300 for materials, and $3,000 for conversion. Work in process inventory in Finishing on November 30 was 1,500 units with all materials and 2/3 conversion. November materials cost was $8,000 and conversion cost was $14,490. REQUIRED Prepare the November cost of production reports in good form for the two process centers.