Question 1 Toronto Manufacturing Ltd. has the following cost and production data for the month of November Beginning WIP Started in production Completed production Ending WIP 17,500 units 101,100 93,400 25,200 The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process Costs pertaining to the month of November are as follows: Beginning inventory costs are: Materials Direct labour Factory overhead $63,900 21,400 14,300 Costs incurred during November include: Materials Direct labour Factory overhead $529,100 195,000 343,614