Building a kayak using the composite method is a very labour-intensive process. In the fabrication department, the kayaks go through several steps as employees carefully place layers of Kevlar in a mould 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 moulds and assembled. The seat, hatch, and other components are added in the finishing department. At the beginning of April, Current Designs had 33 kayaks in process in the fabrication department. Rick Thrune, the production manager, estimated that about 80% of the material 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 $9,160 in materials and $8,180 in conversion costs. During April, 72 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 $15,480 had been requisitioned by this department and that the conversion costs for the month were $44,740. Complete a production cost report for April 2020 for the fabrication department using the weighted average method. CURRENT DESIGNS Production Cost Report: Fabrication Department Equivalent Units Materials Conversion Costs Physical Units Total Quantities 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 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