Crosby Company has several processing departments. Costs charged to the assembly department for…

Crosby Company has several processing departments. Costs charged to the assembly department for October 2012 totalled $1,249,500, as follows: Work in process, October 1 Materials …………………………………….$29,000 Conversion costs ……………………………..16,500……………… $ 45,500 Materials added …………………………………………………….1,006,000 Labour …………………………………………………………………90,000 Overhead ……………………………………………………………..108,000 Production records show that 25,000 units were in beginning work in process, 40% complete in terms of conversion costs; 425,000 units were started into production; and 35,000 units were in ending work in process, 40% complete in terms of conversion costs. Materials are entered at the beginning of each process. Instructions (a) Determine the equivalent units of production and the unit production costs for the assembly department. (b) Determine the assignment of costs to goods transferred out and in process. (c) Prepare a production cost report for the assembly department.