(LO 3, 4) Toronto Manufacturing Ltd. has the following cost and produl Beginning WIP 18,000 units Started in production 100,000 Completed production 94,000 Ending WIP 24,000 The ending inventory was 40% complete for conversion costs. Materi; Costs pertaining to the month of November are as follows: Beginning inventory costs are: Materials $ 65,000 Direct labour 20,000 Factory overhead 15,000 Costs incurred during November include: Materials $550,000 Direct labour 195,000 Factory overhead 380,000 Instructions a. Calculate the equivalent units of production for materials and for com b. Determine the unit costs of production. c. Show the assignment of costs to units transferred out and in process