Question: Harmon Company uses the weighted average method in its process costing system. The Curing Department of Harmon Company reported the following information for the month

Harmon Company uses the weighted average method in its process costing system. The Curing Department of Harmon Company reported the following information for the month of November.

Units

Percent complete with respect to materials

Percentage complete with respect to conversion

Work in process, November 1

12,000

100%

80%

Units started

28,000

Completed and transferred out

30,000

Work in process, November 30

10,000

100%

40%

Costs for November

Materials

Conversion

Work in process, November 1

$27,640

$54,600

Added during the month

$124,360

$217,400

All materials are added at the beginning of the process. Required: Compute the following items using the weighted average method. i. The equivalent units of production for materials ii. The cost per equivalent unit for conversion iii. The total cost assigned to units transferred out of the curing department during November iv. The cost assigned to work in process inventory as of November 30

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