Moneybagg Yo Company has several processing departments. Costs "to be accounted for" in the Assembly Department for November 2022 are as follows.

Work-in-process, November 1

Materials

Conversion costs

$276,500

168,525

Direct materials added in November

Direct labor incurred during November

Manufacturing overhead assigned during

$445,025

5,501,200

790,120

1,182,755

November

Total manufacturing costs incurred during

$7,980,000

November

Production records show the following:

Units in Work-in-Process, November 1

Units started into production

Units in Work-in-Process, November

122,500

2,310,000

87,500

30

Percent complete in Work-in-Process:

Conversion costs

75%

Using a productions cost report, answer the following questions.

Thanks :)!

Iostructions: Using a production costs roport, answor the following questions. Your answers should use punctuation where appropriate (i.e., commas). What are the physical units "accounted for"? What are the equivalent units for materials? What are the equivalent units for conversion costs? What is the total cost incurred during production for materials? s What is the total cost incurred during production for conversion costs? What is the production cost per equivalent unit for materials? Record your response to the nearest penny (ex. $5.55 ). I That is the production cost per equivalent unit for conversion costs? Record your response to the nearest penny (ex. 55.55 ). hat is the total cost of the units completed and transferred out? at is the total cost of ending work-in-process for materials? $ Instructions: Using a production costs report, answer the following questions. Your answers should use punctuation where appeopriate (ive commas) What are the physical units "acoounted for? What are the equivalent units for materials? What are the equivalent units for conversion costs? What is the total cost incurred during production for materials? A What is the total cost incurred during production for comversion costs? What is the production cost per equivalent unit for materials? Record your rosponse to the nearett penny (ex $5.55 ). What is the production cost per oquivalent unit for conversion cost What is the total cost of the units completed and transferred out? What is the total cost of ending work-in-process for materiass?. What is the total cost of ending work-in-process for conversion costs? What is the total cost of ending work-in-process f What is the total costs incurrod in November