Problem 20-2A Weighted average: Cost per equivalent unit; costs assigned to product [The following information applies to the questions displayed below/ Victory Company uses welghted-average process costing to account for its production costs. Direct labor added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 805,000 units of product to finished goods. At the end of November the goods in process Inventory consists of 209.000 units that are 80% complete with respect to labor Beginning Inventory had $263 640 of direct materlals and $145,830 of direct labor cost. The direct materlal cost added In November $1764,360, and the direct labor cost added is $2770,770. References