So as you can see i have most of it done. What is left blank is what i need help with. If only what is left blank can be answered that would be great. Plesze and thanksss Costs per Equivalent Unit and Production CostsThe following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production,and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materíals.ACCOUNT Work in Process-Forging DepartmentACCOUNT NO.BalanceDateItemDebitCreditDebitCreditNov. 1 Bal., 900 units, 60% completed10,56630 Direct materials, 12,900 units123,840134,40630 Direct labor21,650156,05630 Factory overhead16,870172,92630 Goods transferred, ? units30 Bal., 1,400 units, 70% completed?Based on the above data, determine each of the following amounts.If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar.a. Cost of beginning work in process inventory completed in November.$411,646b. Cost of units transferred to the next department during November.$ 156,546c. Cost of ending work in process inventory on November 30.$416,380d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. If required, round your answers to two decimal 30 Factory overhead16,870172,92630 Goods transferred, ? units??30 Bal., 1,400 units, 70% completedBased on the above data, determine each of the following amounts.If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar.a. Cost of beginning work in process inventory completed in November.$411,646b. Cost of units transferred to the next department during November.$ 156,546c. Cost of ending work in process inventory on November 30.$416,380d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. If required, round your answers to two decimalplaces.Direct materials cost per equivalent unit $Conversion cost per equivalent unite. The November increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month. If required, round your answers to twodecimal places.Increase or DecreaseAmountChange in direct materials cost per equivalent unitDecrease$Change in conversion cost per equivalent unitIncrease

Computation of total units accounted for by the Forging department: Inventory in process, Nov-1…

The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 900 units, 60% completed 10,566 30 Direct materials, 12,900 units 123,840 134,406 30 Direct labor 21,650 156,056 30 Factory overhead 16,870 172,926 30 Goods transferred, ? units 30 Bal., 1,400 units, 70% completed Based on the above data, determine each of the following amounts. If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar. a. Cost of beginning work in process inventory completed in November. 11,646 b. Cost of units transferred to the next department during November. $ 156,546 c. Cost of ending work in process inventory on November 30. $ 16,380 d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. If required, round your answers to two decimal

The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 900 units, 60% completed 10,566 30 Direct materials, 12,900 units 123,840 134,406 30 Direct labor 21,650 156,056 30 Factory overhead 16,870 172,926 30 Goods transferred, ? units 30 Bal., 1,400 units, 70% completed Based on the above data, determine each of the following amounts. If required, round your interim calculations to two decimal places. Round final answers (a-c) to the nearest dollar. a. Cost of beginning work in process inventory completed in November. 11,646 b. Cost of units transferred to the next department during November. $ 156,546 c. Cost of ending work in process inventory on November 30. $ 16,380 d. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process. If required, round your answers to two decimal

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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