Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,292,384 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48,300 $127,200 Materials added 1,598,460 Labor 225,200 Overhead 341,524 Production records show that 35,200 units were in beginning work in process 30% complete as to conversion costs, 663,700 units were started into production, and 25,900 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. Required:a. Determine the equivalent units of production and the unit production costs for the Assembly Department. b. Determine the assignment of costs to goods transferred out and in process. c. Prepare a production cost report for the assembly dept.
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Rivera Company has several processing departments. Costs charged to the Assembly Department for Nove...
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