Question & Answer: Wasss…..

*Problem 17-4A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $ 2,292,600 as follows. Work in process, November 1 $ 79,000 48,800 Conversion costs Materials added Labor Overhead $127,800 1,598,200 225,700 340,900 Production records show that 34,600 units were in beginning work in process 30% complete as to conversion costs, 662,200 units were started in production, and 24,000 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 unit costs to 2 decimal places, e.g 2.25.) Materials Conversion Costs Equivalent Units Cost per unit s Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred out Work in process, November 30 Materials Conversion costs Total costs Prepare a production cost report for the Assembly Department.