Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $71,940 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit: Nov. 1 Bal., 6,600 units, 60% completed 79,464 30 Direct materials, 60,000 units 642,000 721,464 30 Direct labor 30 Factory overhead 30 Goods finished, 2 units 51,280 70,820 772,744 7 843,564 7 30 Bal., 5,300 units, 70% completed 7 a. Determine the number of units transferred to the next department. units b. Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decimal places. Cost per equivalent unit of direct materials Cost per equivalent unit of conversion c. Determine the cost of units started and completed in November..