@ education.wiley.com (@ it = @ Home | Student Accounts | myMU apter 16 Ho 3 | ) 3 ADED) W Question 11 of 12 - Chapter 16 Homework (GRADED) Chapter 16 Homework (GRADED) Question 11 of 12 268/15 i= i Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,293,806 as follows. Work in process, November 1 Materials $78,800 Conversion costs 49,000 $127,800 Materials added 1,599,280 Labor 225,800 Overhead 340,926 Production records show that 34,700 units were in beginning work in process 30% complete as to conversion costs, 664,500 units were started into production, and 25,100 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process. 2.68/15 i= : i= H X Your answer is incorrect. H Determine the assignment of costs to goods transferred out and in process. Costs accounted for: Transferred out $ 2135596 Work in process, November 30 Materials $ 57779 Conversion costs 26099 83878 Total costs $ 2219474 eTextbook and Media Prepare a production cost report for the Assembly Department. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) RIVERA COMPANY Assembly Department Production Cost Report 6 For the Month Ended November 30, 2020 Eauivalent Units E v G education.wiley.com C + X Home | Student Accounts | myMU Chapter 16 Homework w Chapter 16 Homework (GRADED) W Question 11 of 12 - Chapter 16 Homework (GRADED) Chapter 16 Homework (GRADED) Question 11 of 12 2.68 / 15 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, 34700 November 1 Started into 664500 production Total units 699200 Units accounted for Transferred 639400 639400 639400 out Work in process, 25100 25100 10040 November 30 Total units 664500 664500 649440 Conversion Costs Materials Costs Unit costs . . Total Costs tA 1599280 694526 $Home | Student Accounts | myMU & Chapter 16 Homework (GRADED) Question 11 of 12 vvurnon process, November 30 Total units Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Workin process, November 1 Started into production Total costs Cost Reconciliation Schedule @ education.wiley.com @ Chapter 16 Home! k (GRADED) 2:68/15 = 25100 25100 10040 664500 664500 649440 Conversion Materials Costs $ 1599280 694526 $ 699200 659850 $ 2.29 1.05 $ $ 11T W! Question 11 of 12 - Chapter 16 Homework (GRADED) @ education.wiley.com @ fl] 3t @ Home | Student Accounts | myMU TR 3 8 Chapter 16 Home: k (GRADED) W Question 11 of 12 - Chapter 16 Homework (GRADED) & Chapter 16 Homework (GRADED) Question 11 0f 12 2.681/ 15 =1 ' 25100 25100 10040 664500 664500 649440 Conversion Materials Costs Total $ 1599280 $ 694526 $ 2293806 699200 659850 $ 2.29 $ 1.05 $ 334 $ 49000 694526 $ 743526 E v G education.wiley.com C + X Home | Student Accounts | myMU Chapter 16 Homework w Chapter 16 Homework (GRADED) w Question 11 of 12 - Chapter 16 Homework (GRADED) Chapter 16 Homework (GRADED) Question 11 of 12 2.68 / 15 E : Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, November 30 Materials to 57779 Conversion 26099 costs Total costs e Textbook and Media Save for Later Attempts: 1 of 2 used Submit Answer . .E v G education.wiley.com C + X Home | Student Accounts | myMU Chapter 16 Homework w Chapter 16 Homework (GRADED) W Question 11 of 12 - Chapter 16 Homework (GRADED) Chapter 16 Homework (GRADED) Question 11 of 12 > 2.68 / 15 694526 $ 743526 671370 to 57779 26099 83878 755248 e Textbook and Media Save for Later Attempts: 1 of 2 used Submit Answer F