Callisto Company manufactures chemical additives for industrial applications. As the new cost accountant for Callisto, you have been assigned the task of completing the production cost report for the most recent period. Callisto uses the weighted average cost method of process costing. The following information pertains to the most recent period:

Required:

Prepare a complete production report for the period using the weighted average cost method. (Round the cost per equivalent unit to three decimal places; round the costs in the cost report to the nearest dollar.)

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Beginning WIP inventory 16,000 units (75% complete as to materials; 70% complete as to conversion costs) Units started into production this period 27,000 units Units completed and transferred out 33,000 units 10,000 units (60% complete as to materials; 50% complete as to conversion costs) Ending WIP inventory Costs in beginning inventory $132,000 materials; $164,000 conversion costs Current-period costs $252,000 materials; $440,000 conversion costs