Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $2,276,180 as follows. Work in process, November 1 Materials $78,500 Conversion costs 48,000 $126,500 Materials added 1,590,090 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.

Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $2,276,180 as follows. Work in process, November 1 Materials $78,500 Conversion costs 48,000 $126,500 Materials added 1,590,090 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. (a) Your Answer Correct Answer 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 $ 2.42 $ 0.9 (b) Your answer is correct. Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred out $ 2209460 Work in process, November 30 Materials $ 58080 Conversion costs 8640 66720 Total costs $ 2276180 (c) Prepare a production cost report for the Assembly Department. RIVERA COMPANY Assembly Department Production Cost Report For the Month Ended November 30, 2017 Equivalent Units Physical Units Conversion Costs Quantities Materials 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 Costs Materials Conversion Costs Costs Materials 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 $