Taco Ranch uses a process cost system and the FIFO cost flow assumption Production begins in the Crafting Department where materials are added at the beginning of the process ant conversion costs are incurred formly roughout the process On November 1, the beginning work in process inventory consisted of 10,000 unts, which were 00%s conpete and had a cost of $206,000, $140,000 of which were materials cos During Member, the folowing occured Mators addod Conversion costs moured Units completed and trained out w November $315,000 07 200 Units in ending work in process November 30 (20% comple What are the cou assigned to us compiled and transtered out during November O 1500,156 451100 O $700,000 O $529,750) 1550.700 55,000 25.000 Taco Ranch uses a process cost system and the FIFO cost flow assumption Production begins in the Crafting Department where materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. On November 1, the beginning work in process inventory consisted of 10,000 units which were 60% complete and had a cost of $266,000, $140,000 of which were materials costs During November, the following occurred Materials added Conversion costs incurred $315,000 $97,2001 55,000 25,000 Units completed and transferred out in November Units in ending work in process November 30 (20% complete) What are the costs assigned to units completed and transferred out during November? O $506,155 O $645,800 $700,000 0 600-360