Question: Lori Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs

Lori Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. (Click the icon to view additional information.) Read the requirements. Requirement 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted average method. (Complete all answer boxes. Enter a "0" for any zero balances. Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole Requirements Lori Electronics Production Cost Report-Assembly Department Month Ended November 30 1. Prepare a production cost report for the Assembly Department for November. Equivalent Units The company uses the weighted average method. Physical Direct Conversion 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during November, including the November 30 balance. UNITS Units Materials Costs Units to account for: Print Done More Info Total units to account for Units accounted for: In mid-November, Lori Electronics started production on 101,000 game consoles. Of this number, 76,900 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 35% of the way through the assembly process. Direct materials costing $375,720 were placed in production in Assembly during November, direct labor of $157,500 was assigned, and manufacturing overhead of $98,505 was allocated to that department. Total units accounted for
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