Building a kayak using the composite method is a very labor-intensive process. In the Fabrication Department, the kayaks go through several steps as employees carefully place layers of Kevlar in a mold and then use resin to fuse together the layers. The excess resin is removed with a vacuum process, and the upper shell and lower shell are removed from the molds and assembled. The seat, hatch, and other components are added in the Finishing Department. At the beginning of April, Current Designs had 29 kayaks in process in the Fabrication Department. Rick Thrune, the production manager, estimated that about 80% of the materials costs had been added to these boats, which were about 50% complete with respect to the conversion costs. The cost of this inventory had been calculated to be $8,450 in materials and $8,180 in conversion costs. During April, 78 boats were started. At the end of the month, the 35 kayaks in the ending inventory had 20% of the materials and 40% of the conversion costs already added to them. A review of the accounting records for April showed that materials with a cost of $17,620 had been requisitioned by the Fabrication Department and that the conversion costs for the month were $44,280. Complete a production cost report for April 2020 for the Fabrication Department using the weighted-average method.

CURRENT DESIGNS Fabrication Department Production Cost Report For the Month Ended April 30, 2020
			Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs		Total
Units to be accounted for
Work in process, April 1
Started into production
Total units
Units accounted for
Transferred out
Work in process, April 30
Total units
Costs				Materials		Conversion Costs		Total
Unit costs
Total cost				$		$		$
Equivalent units
Unit costs				$		$		$
Costs to be accounted for
Work in process, April 1								$
Started into production
Total costs								$
Cost Reconciliation Schedule
Costs accounted for
Transferred out								$
Work in process, April 30
Materials						$
Conversion costs
Total costs								$