Assume that JIF, which is part of The J.M. Smucker Company, processes its only product, 12-ounce jars of peanut butter, in a single process and uses weighted average process costing to account for inventory costs. All materials are added at the beginning of production. Assume the following inventory, production, and cost data are provided for September 2017:

Required

a. Prepare a cost of production report for September.

b. Prepare a statement of cost of goods manufactured for September.

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Production data Beginning inventory (25% converted).. Units started... Ending inventory (50% converted). Manufacturing costs Beginning inventory in process: Materials cost..... Conversion cost Raw materials cost added at beginning of process Direct labor cost incurred.... Manufacturing overhead applied 300,000 units 650,000 units 250,000 units $238,700 88,000 739,800 461,150 333,600