8:47 Done PROCESS COSTING WORKIN... She new Andet Trade Deginning we Total units to account for vedet Ending Ter United for Total EU Las completed previously in Begin WIP Total conged in Current pod ONLY Step & Fow Tarth Died Materi Casting Current Total Cotton Divided by Cost per EU Costs of Uncond edot 1. Cost of Being WP 2. Continued to complete begi IP Trade OM Costined to produce wird and complete ding we Trond in OM OC Total costs accounted for Costs of United tremendout Ending we Tranderen OM Totalcaris touted for 14 QUESTION 4. (20 marks) Anchor Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first processing department for April is as follows: Work in process, beginning: Units in process Stage of completion with respect to materials Stage of completion with respect to conversion 10% Costs in the beginning inventory: Materials cost $1.296 Conversion cost. $2,416 ***.800 *-. 60% 16,000 16,500 Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost. Conversion cost............ $47,076 S497,213 300 Work in process, ending: Units in process.. Stage of completion with respect to materials Stage of completion with respect to conversion 6091 7092 Anchor Inc decided to use FIFO method instead to record the process. Prepare a production cost report worksheet using FIFO method