Question 1 Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. Work in process, November 1 Materials $78,800 49,000 Conversion costs $127,800 Materials added Labor 1,599,280 225,800 340,926 Overhead Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. (a) 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 699200 684140 Cost per unit 2.4 0.9 $ $ Costs accounted for: Transferred out 2,224,530 $ Work in process, November 30 Materials 60,240 > Conversion costs 9,036 69,276 Total costs 2,293,806 $ (C) 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 Units accounted for Transferred out Work in process, November 30 Total units Conversion Costs Materials Total Costs Unit costs Total Costs $ $ $ Equivalent units Unit costs $ $ $ $ Costs to be accounted for Work in process, November 1 $ Started into production Total costs $ Cost Reconciliation Schedule Costs accounted for Transferred out $ Work in process, November 30 Materials $ Conversion costs Total costs $