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Costs per Equivalent Unit and Production Costs The following information concerns 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 process. The beginning inventory consists of 587,600 of direct materials ACCOUNT Work In Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal, 6,000 units, 70% completed 96,000 30 Direct materials, 55.000 units 792,000 888,000 30 Direct labor 48.400 936,400 30 Factory overhead 66,848 7 1,003,248 30 Goods finished units 30 Bal 4.800 units, 60% completed Cost per uvalent units of $24.40 for Direct Materas and $2.10 for Conversion Costs Based on the stove data, determine each of the flowing amount required, round your actions to two decimal places. Roundtrawen to the nearest solar Cost of beginning work in process inventory completed in November Cost of units transferred to the department during November Cost of ending work in prostory on November d. Content under Costs per Equivalent Unit and Production Costs The following information concerns production in the Forging Department for November. All direct materials process. The beginning inventory consists of $87,600 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 6,000 units, 70% completed 96,000 30 Direct materials, 55,000 units 792,000 888,000 30 Direct labor 48,400 936,400 30 Factory overhead 66,848 1,003,248 30 Goods finished, 2 units ? 30 Bal., 4,800 units, 60% completed ? ? Cost per equivalent units of $14.40 for Direct Materials and $2.10 for Conversion Costs. Based on the above data, determine each of the following amounts. If requted, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar 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. d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. Direct materials cost per equivalent unit Conversion cost per equivalent unit Cengage eBook required, round your interim calcustos to two decima poces Round answers -c) to the nearest 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. d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. It required, round your answers to two decimal places Direct materials cost per equivalent unt Conversion cost per equivalent unit The November increase or decrease in cos per equivalent unt for direct materials and conversion from the previous month. It required, round your answers to two decimal places Increase or Decrease Amount Chang in direct manas cost per equivalent une Change in conversion cost per equivalentine OW How much more berrage to the beginnin proses were med en rege more wow more cow.com