12 Exercise 8-43 (Algo) Prepare a Production Cost Report: Weighted-Average Method (LO 8-2.4) 25 aints Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department), Stopped HIP Inventory-Finishing Beginning inventory (18,100 units, 25% complete with respect to Finishing costs) Transferred in costs (fron Mixing) $ 111,550 Finishing conversion costs 5,472 Current work (05,200 units started) Mixing costs 873,980 Finishing costs 420,567 eBook References The ending inventory has 14,100 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs Required: Complete the production cost report using the weighted-overage method (Round "Cost per equivalent unit" to 2 decimal places.) Physical Units Equivalent Units Mixing Finishing Department Department Flow of units Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Unita accounted for Ch 08 Practice 12 Flow of units Units to be accounted for Beginning WIP inventory Units started this period Total units to account for 1.25 points Slopped Units accounted for Completed and transferred out Units in ending inventory eBook Moving Finishing Total units accounted for 0 0 0 References Total Mixing Department Finishing Department $ $ 0 S Flow of costs: Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Moring Finishing Costs accounted for: Costs assigned to units transferred out Costs of ending WIP Inventory Total costs accounted for $ 5 5