Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,281,320 as follows. Work in process, November 1 Materials $79,400 Conversion costs 48,500 $127.900 Materials added 1,589,560 226,000 Overhead 337,860 Labor Production records show that 34,900 units were in beginning work in process 30% complete as to conversion costs, 660,500 units were started into production, and 25,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. Your answer is correct. Determine the equivalent units of production and the unit production costs for the Assembly Department. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Equivalent Units 695,400 680,400 Cost per unit 2.40 0.90 Your answer is correct. Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred out 2,212,320 Work in process, November 30 Materials 60,000 Conversion costs 9,000 69000 Total costs 2,281,320 Prepare a production cost report for the Assembly Department. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to o decimal places, e.g. 125.) RIVERA COMPANY Assembly Department Production Cost Report For the Month Ended November 30, 2020 Equivalent Units Physical Conversion Units Materials Costs Quantities Units to be accounted for Work in process, November 1 Started into production Total units 1826.10 Units accounted for Transferred out 666900 666900 666900 Work in process, November 30 25300 25300 10120 Total units 692200 692200 677020 Conversion Costs Materials Total Costs Unit costs Total Costs 1695890 609318 2305208 Equivalent units 692200 677020 Unit costs 2.45 0.90 3.35 Costs to be accounted for Work in process, November 1 128400 Started into production 660500 Total costs 2,281,320 3 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, November 30 Materials 2,212,320 60,000 Conversion costs 9,000 69000 Total costs 2,281,320 Click if you would like to show Work for this question: Open Show Work