*Problem 17-4A Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $

*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.

*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.

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Direct Material Conversion Cost
Equivalent units 696800 682400
Cost per unit (see production report) 2.41 0.90
Cost accounted for
transferred out (672800*3.31) 2226174
work in process inventory , November 30
Material 57768
Conversion cost 8657 66426
Total cost 2292600
Cost of Prduction report (weighted avg method)
ProductionDepartment Equivalent Units
Flow Of Units Physical Units Direct Material Conversion Cost
Units to be accounted for
work in process inventory , November 1 34600
Units started this period 662200
Total units 696800
Units accounnted for:
Transferred out (b) 672800 672800 672800
work in process inventory , November 30 (100% for material and 40% for conversion cost) 24000 24000 9600
Total units to be accounted for (f) 696800 696800 682400
Flow of Cost Direct Material Conversion Cost Total
Unit cost
Total cost 1677200 615400 2292600
Equivalent units 696800 682400
Unit cost 2.41 0.90 3.31
Cost to be accounted for
work in process inventory , November 1 127800
Started into production 2164800
Total cost 2292600
Cost accounted for
transferred out (672800*3.31) 2226174
work in process inventory , November 30
Material 57768
Conversion cost 8657 66426
Total cost 2292600

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