Tulip Company uses weighted average process costing to determine the cost of units. They produce their finished product in two processing departments: Assembly and Finishing. The following information is available for the month of November: Assembly Department: The beginning work in process inventory was $62,916 ($42,630 direct material cost and $20,286 conversion costs) and consisted of 4,900 units. During November, an additional 11,400 units were started into production. During November, a total of 12,600 units were completed and transferred to the Finishing Department. The ending work in process inventory consisted of 3,700 units which were 30% complete as to conversion costs as of the end of November. The following costs were incurred during November: direct materials $97,550, direct labor $90,000; and factory overhead $83,025. Direct materials are added at the beginning of the process in the Assembly Department and conversion costs are incurred evenly throughout the production process. Finishing Department: The beginning work in process inventory was $191,683 ($122,995 transferred-in costs and $68,688 conversion costs) and consisted of 5,300 units. During November, a total of 14,800 units were completed and transferred out to Finished Goods Inventory. The ending work in process inventory consisted of 3,100 units which were 90% complete as to conversion costs as of the end of November. The following costs were incurred during November: direct materials $93,240, direct labor $110,000, and factory overhead $109,788. Direct materials are added at the end of the process in the Finishing Department and conversion costs are incurred evenly throughout the production process. Part 1: TULIP COMPANY ASSEMBLY DEPARTMENT PRODUCTION REPORT NOVEMBER 1. SCHEDULE OF EQUIVALENT UNITS Beg WIP Units Started Total Units to Account For DM Units Transferred Out End WIP Total Units Accounted For Equivalent Units of Production II. COMPUTATION OF PER UNIT COSTS BEG WIP CURRENT COSTS TOTAL COSTS EQUIV. UNITS UNIT COST + DM CC Totals III. ASSIGNMENT OF COSTS TO PRODUCTION Cost of Goods Manufactured: X H Ending Work in Process: DM CC Total Ending Work in Process Total Cost Assigned II X Part 2: Account Titles DR CR Part 3: TULIP COMPANY FINISHING DEPARTMENT PRODUCTION REPORT NOVEMBER I. SCHEDULE OF EQUIVALENT UNITS Beg WIP Units Transferred-In Total Units to Account For T-IN CC DM Units Completed End WIP Total Units Accounted For Equivalent Units of Production II. COMPUTATION OF PER UNIT COSTS BEG WIP CURRENT COSTS TOTAL COSTS + 1 EQUIV. UNITS UNIT COST T-IN DM Totals III. ASSIGNMENT OF COSTS TO PRODUCTION Cost of Goods Manufactured: III. ASSIGNMENT OF COSTS TO PRODUCTION Cost of Goods Manufactured: x Ending Work in Process: T-IN CC DM Total Ending Work in Process Total Cost Assigned X Part 4: Account Titles DR CR Part 5: Work in Process --Assembly Work in Process--Finishing