Company produces its product through a single processing department. Direct materials are added at the beginning of the process. Conversion costs are added to the product evenly throughout the process. The company uses monthly reporting periods for its weighted-average process costing. The Work in process Inventory account had a balance of $21,300 on November 1, which consisted of $6,800 of direct material and $14,500 of conversion costs. During the month the company incurred the following costs: Direct materials.......... $ 116,400 Conversion.......... 1,067,000 During November, the company finished and transferred 100,000 units of its product to finished goods. At the end of the month, the work in process inventory consisted of 12,000 units that were 100% complete with respect to direct material and 25% complete with respect to conversion. Prepare the company's process cost summary for November using the weighted-average method. Prepare the journal entry dated November 30 to transfer the cost of the completed units to finished goods inventory. Switch Co. manufactures a single product in one department. Direct labor and overhead are added evenly throughout the process. Direct materials are added as needed. The company uses monthly reporting