The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $87,040 of direct materials.

ACCOUNTWork in ProcessForging DepartmentACCOUNT NO.

Date Item Debit Credit Balance

Nov.1 Bal., 6,400 units, 30% completed Debit Credit

93,760

30 Direct materials, 58,000 units 777,200 870,960

30 Direct labor 92,160 963,120

30 Factory overhead 127,260 ? 1,090,380

30 Goods finished,? units ?

30 Bal., 5,100 unites, 70% completed ?

Cost per equivalent units of $13.40 for Direct Materials and $3.60 for Conversion Costs.

Based on the above data, determine each of the following amounts.

If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar.

a.Cost of beginning work in process inventory completed in November.

b.Cost of units transferred to the next department during November.

c.Cost of ending work in process inventory on November 30.

d.Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. If required, round your answers to two decimal places.

Direct materials cost per equivalent unit

Conversion cost per equivalent unit

e.The November increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month. If required, round your answers to two decimal places.

Increase or Decrease Amount

Change in direct materials cost per equivalent unit

Change in conversion cost per equivalent unit