4. Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning work in process Units started Units completed Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor added during month Factory overhead added during month 10,000 units 20,000 units 25,000 units $ 6,000 $2,600 $30,000 $12,000 $5,000 Beginning work in process was half completed for labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete. Required: Complete the production cost worksheet below using the weighted-average method. All missing information should be included. PRODUCTION COST WORKSHEET Flow of production Physical Units Direct Materials Conversion Work in process, beginning 10,000 Started during period 20,000 To account for Units completed Work in process, ending Accounted for Costs 5,000 30,000 Totals Direct Materials Conversion Work in process, beginning $ 8,600 $ 6,000 $2,600 Costs added during period Total costs to account for Divided by equivalent units Equivalent unit costs Assignment of costs Costs transferred out 30,000 $55,600 $36,000 30,000 28.000 Work in process, ending Costs accounted for Totals Direct Materials Conversion $47,500 $55,600