FIFO Cost Flow—Process Costing with Prior Department Costs The assembly department of Charles Manufacturing Company reported the following data for the month of August:

(Note: Materials used in the assembly department are added at the beginning of the assembly process.)
Required:
Prepare the production cost report for the assembly department. (Note: The prior department’s manufacturing costs should be included in this department’s production cost report.)

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Units Costs Beginning inventory (75% complete) 3,000 Units transferred from prior department 22,500 Ending inventory (50% complete). 4,500 Cost of beginning inventory (prior department $18,300; assembly materials $11,250; assembly conversion $12,375) $ 41,925 Cost transferred in from prior department. Cost of materials used in assembly department Conversion costs for August in assembly department Total cost 135,000 67,500 117,600 $362,025