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Show that ending work process complete as conversion costs

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Reference no: EM132221338

Question - Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $2,225,870 as follows.

Work in process, November 1

Materials

$69,030

Conversion costs

48,240

$ 117,270

Materials added

1,545,700

Labor

225,000

Overhead

337,900

Production records show that 35,330 units were in beginning work in process 30% complete as to conversion costs, 700,100 units were started into production, and 25,500 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.

Reference no: EM132221338

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