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

Work in process, beginning
Units in process, November 1	10,000
Stage of completion with respect to conversion	80%
Costs in the beginning inventory:
Materials cost	$34,500
Conversion costs	$48,600
Units started into production during the month	28,000
Units completed and transferred out	30,000
Costs added to production during the month:
Materials cost	$146,000.
Conversion cost	$194,400
Work in process, ending:
Units in process, November 30	8,000
State of completion with respect to conversion	30%

ALL MATERIALS ARE ADDED AT THE BEGINNING OF THE PROCESS

Required:

Complete the sections below.

Determine equivalent units of production

Equivalent Units

	Materials	Conversion
Transferred to next department
Ending Work in Process: Materials Conversion
Equivalent Units of Production

Compute the costs per equivalent unit

Equivalent Units

	Materials	Conversion
Cost of beginning work in process
Cost added during the period
Total Cost
Equivalent units of production
Cost per equivalent unit

Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process

	Materials	Conversion	Total
Ending work in process inventory: Equivalent units of production Cost per equivalent unit Cost of ending work in process inventory
Units completed and transferred out: Units transferred to next department Cost per equivalent unit Costs of units completed & transferred out

Prepare a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period

Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for:
Costs accounted for as follows: Cost of ending work in process inventory Cost of units completed and transferred out Total cost accounted for