Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2014 totaled $2,357,462 as follows.
Work in process, November 1
Materials $78,880
Conversion costs
48,840-
$127,720 -
Materials added 1,595,672
Labor 225,800-
Overhead 408, 270
Production records show that 34,830 units were in beginning work in process 30% complete as to conversion costs, 662,900 units were started into production, and 24,7000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.
Determine the equivalent units of production and the unit production costs for the Assembly Department. (Round cost per unit answers to 2 decimal places, e.g. 2.25.)
Determine the assignment of costs to goods transferred out and in process. (Use rounded amounts from above for successive calculations. Round answer to 0 decimal places, e.g. 125.)
Prepare a production cost report for the Assembly Department