Stewart Company produces a product that passes through three processes: fabrication, assembly, and finishing. All manufacturing costs are added uniformly for both processes.

The following information was obtained for the assembly department for May 2007:

a. Workin process, May 1, had 10,000 units (40 percent completed) and the following costs:

Required:
Prepare a cost of production report for the assembly department for May using the weighted average method of costing. The report should disclose the physical flow of units, equivalent units, and unit costs and should track the disposition of manufacturing costs.LO1

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Direct materials $12,000 Direct labor Overhead 18,000 6,000 b. During the month of May, 30,000 units were completed and transferred to the fin- ishing department, and the following costs were added to production: Direct materials Direct labor Overhead $36,000 24,000 18,000 C. On May 30, there were 7,500 partially completed units in process. These units were 80 percent complete.