Low Carb Granola, Inc., manufactures granola without any grains or sugars in two processing departments, Mixing and Packaging, and it uses the weighted average method for its process costing system. The table that follows shows the information for the Mixing department for the month of November. Unit information (measured in pounds): Beginning work-in-process inventory Started or transferred in during the month 3,900 110,000 Ending work-in-process inventory: 100% complete for materials, 76% complete for direct labor, and 61% complete for overhead Cost information: Beginning WIP inventory: \begin{tabular}{l|rr} \hline Direct materials & $ & 1,500 \\ \hline Direct labor & $ & 770 \\ \hline Overhead & $ & 940 \end{tabular} Cost incurred during the month: \begin{tabular}{|l|l|} \hline Direct materials & $50,000 \\ \hline Direct labor & $26,000 \\ \hline Overhead & $40,000 \\ \hline \end{tabular} Required: Prepare a Production Cost Report for the Mixing department for the month of November. Your answers to this open-ended assignment should be placed in the space below this line. Step I: Summary of Physical Units and Equivalent Unit Calculation Physical Units Units in beginning WIP inventory Units started during the month Total units to be accounted for Equivalent Units Step 2: Summary of Costs to be Accounted For \begin{tabular}{|c|c|c|c|} \hline Direct & Direct & & \\ \hline Materials & Labor & Overhead & Total \\ \hline \end{tabular} Costs in beginning WIP inventory Costs incurred during the month Total costs to be accounted for Step 3: Calculation of Cost per Equivalent Unit \begin{tabular}{|l|c|c|c|c|} \hline & Direct & Direct & & \\ \hline Total costs to be accounted for & Materials & Labor & Overhead & Total \\ \hline Total equivalent units accounted for & & & & \\ \hline Cost per equivalent unit & & & & \\ \hline & & & \\ \hline \end{tabular} Step 4: Assignment of Costs Transferred Out and Units in Ending WIP Inventory \begin{tabular}{|l|c|c|c|c|} \hline & Direct & Direct & & \\ \hline Costs assigned to units transferred out & Materials & Labor & Overhead & Total \\ \hline \begin{tabular}{c} Costs assigned to ending WIP inventory \\ \hline Total costs accounted for \end{tabular} & & & \\ \hline & & & \\ \hline \end{tabular}