Wildhorse Company has several processing departments. Costs to be accounted for in the Assembly Department for November 2022 totaled $2,314,015as follows.

Work in process, November 1
Materials		$79,500
Conversion costs		48,000		$127,500
Direct materials added during November				1,622,515
Direct labor incurred during November				226,000
Manufacturing overhead assigned during November				338,000
				$2,314,015

Production records show that35,500units were in beginning work in process 30% done as to conversion costs,659,200units were started into production, and24,500units were in ending work in process 40% done as to conversion costs. Materials are entered at the beginning of each process.

(a)

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		694,700		680,000
Cost per unit		$2.45		$0.90

(b)

Determine the assignment of costs to goods completed and transferred out and to work in process for November.

Costs accounted for:
Transferred out		$2,245,170
Work in process, November 30
Materials	$60,025
Conversion costs	8,820	$68,845
Total costs		$2,314,015

(c)

a production cost report for the Assembly Department for November 2022. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.)

WILDHORSE COMPANY Assembly Department Production Cost Report choose the accounting period For the Year Ended November 30, 2022November 30, 2022For the Month Ended November 30, 2022
				Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs
Units to be accounted for
Work in process, November 1		enter a number of units
Started into production		enter a number of units
Total units		enter a total number of units
Units accounted for
Completed and transferred out		enter a number of units		enter a number of units		enter a number of units
Work in process, November 30		enter a number of units		enter a number of units		enter a number of units
Total units		enter a total number of units		enter a total number of units		enter a total number of units
Costs				Materials		Conversion Costs		Total
Unit costs
Total Costs				$enter a dollar amount		$enter a dollar amount		$enter a total amount
Equivalent units				enter a number of units		enter a number of units
Unit costs				$enter a dollar amount rounded to 2 decimal places		$enter a dollar amount rounded to 2 decimal places		$enter a total amount rounded to 2 decimal places
Costs to be accounted for
Work in process, November 1								$enter a dollar amount
Started into production								enter a dollar amount
Total costs								$enter a total amount
Cost Reconciliation Schedule
Costs accounted for
Completed and transferred out								$enter a dollar amount
Work in process, November 30
Materials						$enter a dollar amount
Conversion costs						enter a dollar amount		enter a subtotal of the two previous amounts
Total costs								$enter a total amount