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In: AccountingRivera Company has several processing departments. Costs chargedto the Assembly Department for November 2020 totaled...Rivera Company has several processing departments. Costs chargedto the Assembly Department for November 2020 totaled $ 2,262,390 asfollows.Work in process, November 1 Materials$ 78,500 Conversioncosts48,000$ 126,500Materials added1,576,300Labor225,000Overhead334,590Production records show that 34,500 units were inbeginning work in process 30% complete as to conversioncosts, 655,000 units were started into production,and 24,000 units were in ending work in process 40%complete as to conversion costs. Materials are entered at thebeginning of each process.Prepare a production cost report for the Assembly Department.(Round unit costs to 2 decimal places, e.g. 2.25 andother answers to 0 decimal places, e.g. 125.)RIVERA COMPANYAssembly DepartmentProduction Cost ReportFor the Month Ended November 30, 2020Equivalent UnitsQuantitiesPhysicalUnitsMaterialsConversionCostsUnits to be accounted for Work in process, November 1 Started into production Total unitsUnits accounted for Transferred out Work in process, November 30 Total unitsCostsMaterialsConversionCostsTotalUnit costs Total Costs$$$ Equivalent units Unit costs$$$Costs to be accounted for Work in process, November 1$ Started into production Total costs$Cost Reconciliation ScheduleCosts accounted for Transferred out$ Work in process, November 30 Materials$ Conversion costs Total costs$Attempts: 0 of 7 used
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