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Oriole Company has several processing departments. Costs to be accounted for in the Assembly Department for November 2022 totaled $2,313,896 as follows. $78,800 48.100 $126.900
Oriole Company has several processing departments. Costs to be accounted for in the Assembly Department for November 2022 totaled $2,313,896 as follows. $78,800 48.100 $126.900 Work in process, November 1 Materials Conversion costs Direct materials added during November Direct labor incurred during November Manufacturing overhead assigned during November 1,622,970 225,100 338.926 $2,313,896 Production records show that 34,900 units were in beginning work in process 30% complete as to conversion costs, 659,700 units were started into production, and 24,100 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 is incorrect. 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 Cost per unit $ $ (b) Determine the assignment of costs to goods completed and transferred out and to work in process for November. Costs accounted for: Transferred out $ Work in process, November 30 Materials $ Conversion costs Total costs $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Production Cost Report For the Month Ended November 30, 2017 Equivalent Units Physical Conversion Units Materials Costs Quantities 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 M Conversion Costs Materials Total Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, November 1 Started into production Total costs Dost Reconciliation Schedule Cost Reconciliation Schedule costs accounted for Transferred out Work in process, November 30 Materials Conversion costs Total costs 0
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