Calgary Corporation produces a liquid solvent in two departments: Mixing and Finishing. Assume that Calgary Corporation provides you with the following information for Finishing operations for November (no new material is added in the Finishing Department):

WIP inventoryFinishing

Beginning inventory (11,600 units, 20% complete with respect to Finishing costs)

Transferred-in costs (from Mixing) $ 143,200

Finishing conversion costs 7,664

Current work (101,200 units started)

Mixing costs 1,052,480

Finishing costs 583,744

The ending inventory has 15,600 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs.

Required:

Use a production cost report using the weighted-average method. (Round "cost per equivalent unit" to 2 decimal places.)

Physical Units Equivalent Units

Mixing Department Finishing Department

Flow of units:

Units to be accounted for:

Beginning WIP inventory

Units started this period

Total units to account for

Units accounted for:

Completed and transferred out

Units in ending inventory

Mixing

Finishing

Total units accounted for

Total Direct Materials Conversion Costs

Flow of costs:

Costs to be accounted for:

Costs in beg. WIP inventory

Current period costs

Total costs to be accounted for

Cost per equivalent unit

Mixing

Finishing

Costs accounted for:

Costs assigned to units transferred out

Costs of ending WIP inventory

Total costs accounted for