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Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,262,390 as follows. Work in process, November
Problem 16-04A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,262,390 as follows. Work in process, November 1 Materials $78,500 Conversion costs 48,000 $126,500 Materials added 1,576,300 Labor 225,000 Overhead 334,590 Production records show that 34,500 units were in beginning work in process 30% complete as to conversion costs, 655,000 units were started into production, and 24,000 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 689500 675100 Cost per unit 2.4 0.90 s LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. Determine the assignment of costs to goods transferred out and process. Costs accounted for: Transferred out 9315 Work in process, November 30 Materials 78500 DO Conversion costs 48000 68880 Total costs 2297996
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