Assignment  Chapter 20 GQ Company produces its product in a single processing department. Direct materials are added at the start of  the process, while direct labor, and overhead are added evenly throughout the process. The company uses  monthly reporting periods for its weighted-average process cost accounting system. Its Goods in Process  Inventory account follows after entries for direct materials, direct labor, and overhead costs for November: Date Explanation Debit Credit Balance Nov. 1 Beg. Balance     40,870 Nov. 31 Direct Material 10,200   51,070 Nov. 31 Direct Labor 40,400   91,470 Nov. 31 Factory Overhead 123,000   214,470 Its beginning goods in process consisted of $2,550 of direct materials, $9,620 of direct labor, and $28,700 of factory  overhead. The equivalent units of production for material is 8,500 and for labor and overhead is 8,200 calculated as  follows: Materials Labor and FO Transferred out 7,000 7,000 Ending Inventory 1,500 1,200 Total 8,500 8,200 1. Calculate the weighted average cost per unit for materials, labor, and overhead Materials: Labor: Overhead: 2. Complete the following: Cost Assignment and Reconciliation Costs Transferred Out COST/EUP EUP Direct materials        Direct labor        Factory Overhead       Costs of goods completed and transferred out     GOODS IN PROCESS, NOVEMBER 30: Direct materials        Direct labor        Factory Overhead         Cost of ending goods in process        TOTAL COSTS ACCOUNTED FOR: