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4. Mikado Store is a manufacturer of textile. The information for April 2021 is as follows: Beginning work in process 15,000 units Units started 35,000
4. Mikado Store is a manufacturer of textile. The information for April 2021 is as follows: Beginning work in process 15,000 units Units started 35,000 units Units completed 40,000 units Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor during month Factory overhead $ 19,800 $ 14,200 $68,000 $22,000 $13,300 Beginning work in process was half converted as to 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 40% complete. Required: Prepare a production cost worksheet using the weighted average method. Include any necessary supporting schedules. (10 points)
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