Required information Problem 6-42 (Algo) Reconditioning Service; Weighted-Average Method [LO 6-2, 6-3, 6-4] [The following information applies to the questions displayed below.] Golf World, Incorporated (GWI) sells products and services for the sport of golf. One of its key business units specializes in the repair and reconditioning of golf carts. GWI enters into contracts with a number of golf clubs throughout the U.S. in which the clubs send their carts to GWI for a complete reconditioning: motor, frame repair where necessary, and replacement of seat covers and canvas tops. The clubs usually will cycle 10-15% of their carts through this process each year. Because GWI's business has been growing steadily, it is very important to complete the reconditioning of the carts within a budgeted time and cost. The firm uses weighted-average process costing to keep track of the costs incurred in the reconditioning process. GWI's golf cart repair and reconditioning unit has the following information for the month of November, in which 1,230 carts were started for reconditioning: Beginning WIP: 180 units, 50% complete for materials ($16,900) and 30% complete for conversion ($20,450) Current costs: Direct Materials: $200,300 Conversion: $386,100 (conversion costs for GWI usually average about $280 to $350 per unit, based on an average of 1,030-1,330 units completed each month) Ending WIP: 330 units, 30% complete for direct materials and 20% complete for conversion Part 1 (Algo) Required 1. Complete the production cost report for the month of November. (Round "Cost per equivalent unit" answers to 4 decimal places.) Production Cost Report for November Production Quantity Information Physical Units Direct Materials Conversion Required information Input: Beginning WIP Units started Production Cost Report for November Production Quantity Information Physical Units Direct Materials Units to account for 0 Output: Units finished Ending WIP Units to accounted for Equivalent Units: Weighted Average Units completed Direct Materials (Ending WIP) Conversion % % % % 0 Conversion (Ending WIP) Total 0 0 Unit Cost Determination Direct Materials Conversion Total Beginning WIP Current costs Total $ 0 0 $ 0 $ 0 $ 0 Divide by equivalent units Cost per equivalent unit $ 0.0000 Cost Assignment Completed & Ending Work-