-. Lawrence Chemicals manufactures industrial solvents. On November 1, it has no work-in- process inventory. It starts production of 13,000 barrels of solvent in November and completes -8,000 barrels. The costs of the resources used by Lawrence in November consist of the following: $223,000 Materials Conversion costs (labor and overhead) . .. Total ...: 272,000 $495,000 The production supervisor estimates that the ending work in process is 60% complete. 1 a. Compute the cost of solvent transferred to finished goods and the amount in work-in- process ending inventory as of November 30.4 b. Draw the cost flow diagram for Lawrence Chemicals for November