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Problem 8-49 Prepare a Production Cost Report FIFO Method (L0 84,5) des parts twee spate departments Molding Kansas Supplies is a manufacturer of parts that uses the weighted average costing method to account for cost of production Assembing and Padang The following information was obtained for the Assembling Department for the month of April Work in process on April tha115.000 units made up of the following Amount Degree of Completion S65 600 100% Prior department costs a n d from the Molding Department Costs added by the Assembling Department Direct materials Direct labor Manufacturing overhead STOR 100 $105,470 SW1020 Work in process, will During April 515.000 units were transferred in from the Moking Department at a cost of $741.600 The Assembling Department added the following costs Die materials Director Manufacturing overhead Total cost added S838 950 Assembling finished 415.000 unts and transferred them to the Packaging Department Al April 30, 215.000 unts were in work process inventory The degree of completion of work in process inventory April 30 was as follows Daca Decor Required: a. Prepare a production cost report using FIFO. (Round "Cost per equivalent unit" to 2 decimal places.) KANSAS SUPPLIES Assembling Department Production Cost Report-FIFO COMPUTE EQUIVALENT UNITS Physical Units Prior Department Materials Labor Costs Flow of Production Units Manufacturing Overhead 115,000 515,000 630,000 Units to be accounted for Beginning WIP inventory Units started this period Total units to be accounted for Units accounted for Units completed and transferred out From beginning inventory Started and completed currently Units in ending WIP inventory Total units accounted for 115.000 o 115.000 0 Units in ending WIP inventory Total units accounted for 115,000 Costs DETAILS Prior Total Costs Department Costs Materials Labor Manufacturing Overhead Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted 0 $ 0 $ 0 $ Cost per equivalent unit: Prior department costs Materials Labor Manufacturing overhead Total Costs Pro Department Materials Manufacturing Overhead Costs accounted for Costs assigned to units transferred out Costs from beginning WIP inventory Current costs added to complete beginning WIP inventory Prior department costs Materials Labor Manufacturing overhead Total costs from beginning inventory Current costs of units started and completed: Prior department costs Materials Labor Manufacturing overhead Total costs of units started and completed Total costs of units transferred out Costs assigned to ending WIP Inventory Prior department costs Materials Labor Manufacturing overhead Total ending WIP inventory Total costs accounted for 0 $ 0S 0S 0S 0