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answer everything in red please Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,480 as follows. $79,000
answer everything in red please
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,286,480 as follows. $79,000 48,800 Work in process, November 1 Materials Conversion costs Materials added Labor Overhead $127,800 1,593,320 225,700 339,660 Production records show that 34,600 units were in beginning work in process 30% complete as to conversion costs, 662,200 units were started into production, and 24,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. RIVERA COMPANY Assembly Department Production Cost Report For the Month Ended November 30, 2020 Equivalent Units Physical Units Materials Conversion Costs Quantities Units to be accounted for Work in process, November 1 Started into production Total units Units accounted for Transferred out Work in process, November 30 Total units Conversion Costs Costs Materials Total Unit costs Total Costs Equivalent units 696800 682400 Unit costs 2.40 0.90 $ 3.30 Costs to be accounted for Work in process, November 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, November 30 Materials 60,960 Conversion costs 9.144 Total costs 2.283.744Step by Step Solution
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