- / 10 View Policies Current Attempt in Progress Building a kayak using the composite method is a very labor intensive process, in the Fabrication Department. the Kavaks go through several steps as employees carefully place tryers of Kevlar in a mold and then use resinto fuse together the layers. The excess restris removed with a vacuum process, and the upper shell and lower shell are removed from the molds and assembled. The seat, hatch, and other components are added in the Finishing Department, At the beginning of April. Current Designs had 29 kayaks in process in the Fabrication Department. Rick Thune, the production manager estimated that about 80% of the materials costs had been added to these boats, which were about 50% complete with respect to the conversion costs. The cost of this inventory had been calculated to be $8,740 in materials and 59.490 in conversion costs During April, 77 boats were started into production. At the end of the month, the 35 kayaks in the ending inventory were 20% complete as to materials and 40% complete as to conversion costs. A review of the accounting records for April showed that materials with a cost of $19.340 had been requisitioned by the Fabrication Department and that the conversion costs for the month were $38.960. Complete a production cost report for April 2022 for the Fabrication Department using the weighted average method. Direct materials and conversion costs are incurred uniformly throughout the process CURRENT DESIGNS Fabrication Department Production Cost Report Fabrication Department Production Cost Report Equivalent Units Physical Units Materials Conversion Costs Quantities Units to be accounted for Work in process. April Started into production Total units Units accounted for Completed and transferred out Work in process, April 30 Total units Costs Materials Conversion Costs Unit costs Total cost Equivalent units Unit costs Cost Reconciliation Schedule Costs to be accounted for Work in process, April Started into production Total costs Started into production Total costs Costs accounted for Completed and transferred out Work in process, April 30 Materials Conversion costs Total costs e Textbook and Media Assistance Used Save for Later Attempts: 0 of Lused Smit