do t-take&inprogress-false Chapter 17 Homework (Application) eBook The following information concems 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 $62,100 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit Nov. 1 Bal., 5,400 units, 70%completed 30 Direct materials, 49,000 units 30 Direct labor 30 Factory overhead 30 Goods finished, 2 units 30 Bal, 4,300 units, 70% completed 69,660 623,360 666,870 726,953 553,700 43,510 60,0837 Cost per equivalent units of $11.30 for Direct Materials and $2.10 for Conversion Costs Based on the above data, determine each of the following amounts. Ir required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dolar a. Cost of beginning work in process inventory completed in November b. Cost of units transferred to the next department during November c. Cost of ending work in process inventory on November 30 Check My Work Previous Next nment Score: 13.33% All work saved Save and Exit Submit Assignment for Gradis