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41 4:02 PM 4-3B - Production Report Traffic Control Systems makes bright rubber traffic cones. The company has two departments, Melting and Forming. Raw materials
41 4:02 PM 4-3B - Production Report Traffic Control Systems makes bright rubber traffic cones. The company has two departments, Melting and Forming. Raw materials are introduced at various stages throughout the melting process. The following is the department's work in process T-Account for August: Work in Process-Meltin ment Aug 1 balance: (200 kilograms; 80% complete as to materials, 70% complete as to conversion) Costs added: Completed and transferred to the 352 packaging department (_?_kilograms) 2 890 400 Materials (2,050 kilograms) Labour Overhead 2,000 Aug 31 balance (40 kilograms, 50% complete as to materials, 60% complete as to conversion) 2 The August 1 work in process includes material of $100, labour of $52, and overhead of $200 Required: Using the weighted average method, prepare a production cost report for the company
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