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 32 kayaks in process in the Fabrication DepartmentRick 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 $8,570 in materials and $9,510 in conversion costs.

During April, 68 boats were started into production. At the end of the month, the 30 kayaks in the ending inventory were 20% complete as to materials and 40% complete as to conversion costs.

A review of the accounting records for April showed that materials with a cost of $18,030 had been requisitioned by the Fabrication Department and that the conversion costs for the month were $40,510.

Complete a production cost report for April 2022 for the Fabrication Department using the weighted-average method. Direct materials and conversion costs are incurred uniformly throughout the process.

Fabrication Department Production Cost Report For the Month Ended April 30, 2022 Work in process, April 1 Started into production Total units Units accounted for Completed and transferred out Workin process, April 30 Total units Costs Uniticosts Total cost Equivalent units Unit costs Cost Reconciliation Schedule Costs to be acconinted for Work in process, April 1 Started into production Total costs Cortsaccounted for Completed and transferred out 5 $ Costs accounted for Completed and transferred out Workin process, April 30 Materials Comversion costs Total costs out $ 5