! Required Information [The following information applies to the questions displayed below) The November production of MVP's Minnesota Division consisted of batch P25 (2,800 professional basketballs) and batch S33 (5,000 scholastic basketballs). Each batch was started and finished during November, and there was no beginning or ending work in process. Costs incurred were as follows: Direct Material: Batch P25. $67.200, including $5,000 for packaging material, batch S33. $66,250 Conversion Costs: Preparation Department, predetermined rate of $6.30 per unit: Finishing Department predetermined rate of $5.00 per unit, Packaging Department, predetermined rate of $0.60 per unit (Only the professional balls are packaged.) 2. Compute the November product cost for each type of basketball. (Round your Intermediate and final answers to 2 decimal places.) Product Cost per un Professional Scholastic per unit Record requisition of raw material and apply conversion costs in Packaging Department. Note: Enter debits before credits. Transaction General Journal Debit Credit 7 Record entry Clear entry View general journal Journal entry worksheet Record transfer of balls to finished goods inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit 8 Record entry Clear entry View general joumal