Date Item Nov. 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 $65,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Debit Credit Debit Credit 1 Bal., 6,500 units, 70% completed 74,555 30 Direct materials, 59,000 units 572,300 646,855 30 Direct labor 54,880 701,735 30 Factory overhead 75,778 ? 777,513 30 Goods finished, 2 units 30 Bal., 5,200 units, 70% completed a. Determine the number of units transferred to the next department. 60,300 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 9.7 Cost per equivalent unit of conversion 2.1 x c. Determine the cost of units started and completed in November. $ 691,480 x