A strategic plan is driven by O market responsiveness O a mission statement 88 O marketing strategy O market offerings and strategic vision.

Edwina industrial Products (EIP) manutactures cleaning products. The Grant Stroet Plant produces a single product in three departments: Maxing. Pefining, and Packaging. Additionat materfals are added in the Rerining Process when units are 40 pertcent complete with respect to conversion. Information for operations in September in the Refiaing process appear as follows. Work in process on September 1 consisted of 25,000 units with the following costs: During September, 275,000 unus were transferred in from Moang at a cost of $165,000. The followng costs were added in Refining in Septembet. Refining finished 260,000 units in September and transterred them to Packaging. At the end of September, there were 40,000 units in work-in process inventory. The units were 20 percent complote with respect to conversion costs. The Refining Department uses the welghted-awerage method of process costing The Moing Department at the Grant Street Plant uses the FFFO method of process costing. If the Maing Department at the plant had used the weighted average method, the amount of costs transferted in from Moxing would have been \$166, Boo for the amount transferred in this month Required: Prepare a production cost report for September for the Refining Department. Note: Round "Cost per equivalent unit" to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ EDWINA INDUSTRIAL PRODUCTS } \\ \hline \multicolumn{6}{|c|}{ Refining Department } \\ \hline \multicolumn{6}{|c|}{ Production Cost Report-Weighted-Average } \\ \hline & Physical units & Total Costs & \begin{tabular}{l} Prior \\ Department \\ Costs \end{tabular} & Materials & Conversion \\ \hline \multicolumn{6}{|l|}{ Flow of Production Units } \\ \hline \multicolumn{6}{|l|}{ Units to be accounted for: } \\ \hline Beginning WIP inventory & 25,000 & & & & \\ \hline Units started this period & 275,000 & & & & \\ \hline Total units to be accounted for & 300,000 & & & & \\ \hline \multicolumn{6}{|l|}{ Units accounted for: } \\ \hline \multicolumn{6}{|c|}{ Units completed and transferred out: } \\ \hline From beginning inventory & 25,000 & & & & \\ \hline \multicolumn{6}{|c|}{ Started and completed currently } \\ \hline Total transferred out & 25,000 & & & & \\ \hline \multicolumn{6}{|l|}{ Units in ending WIP inventory } \\ \hline Total units accounted for & 25.000 & & 0 & 0 & 0 \\ \hline \multicolumn{6}{|l|}{ Costs to be accounted for: } \\ \hline \multicolumn{6}{|l|}{ Costs in beginning WIP inventory } \\ \hline \multicolumn{6}{|l|}{ Current period costs } \\ \hline Total costs to be accounted for & & s & $ & $ & $ \\ \hline \multicolumn{6}{|l|}{ Cost per equivalent unit: } \\ \hline \multicolumn{6}{|l|}{ Prior department costs } \\ \hline \multicolumn{6}{|l|}{ Materials } \\ \hline \multicolumn{6}{|l|}{ Conversion } \\ \hline \multicolumn{6}{|l|}{ Costs accounted for: } \\ \hline \multicolumn{6}{|c|}{ Costs assigned to units transferred out: } \\ \hline Prior department costs & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline Prior department costs & & & & & \\ \hline \multicolumn{6}{|l|}{ Matorials } \\ \hline \multicolumn{6}{|l|}{ Conversion } \\ \hline Total costs of units transferred out & $ & 0 & & & \\ \hline \multicolumn{6}{|l|}{ Costs assigned to ending WIP inventory: } \\ \hline \multicolumn{6}{|l|}{ Prior department costs } \\ \hline \multicolumn{6}{|l|}{ Materials } \\ \hline \multicolumn{6}{|l|}{ Conversion } \\ \hline Total ending WIP inventory & $ & 0 & & & \\ \hline Total costs accounted for & $ & 0 & $ & $ & $ \\ \hline \end{tabular}