Check my work mode : This shows what is correcto Callisto Company manufactures chemical additives for industrial applications. As the new cost accountant for Callisto, you have been assigned the task of completing the production cost report for the most recent period. Callisto uses the weighted average cost method of process costing. The following information pertains to the most recent period: Beginning WIP inventory Units started into production this period Units completed and transferred out Ending WIP Inventory 16,500 units (701 complete as to materials; 758 complete as to conversion costs) 26,000 units 32,500 units 10,000 units (55% complete as to materials; 50% complete as to conversion costs) $ 131,000 materiala; $168,000 conversion costs $ 254,000 materials: $430,000 conversion costs Costs in beginning inventory Current-period costs Required: Prepare a complete production report for the period using the weighted average cost method. (Round "Cost per equivalent unit" to 3 decimal places and the rest to the nearest whole number.) Answer is complete but not entirely correct. Quantity Schedule Units to be accounted for: Work in process, beginning Started into production Total units 16,500 27,000 43,500 Answer is complete but not entirely correct. Quantity Schedule Equivalent Units (EU) Materials Conversion Units accounted for as follows: Units transferred out during the month Work in process, ending Total units and equivalent units of production 33,500 10,000 43,500 33,500 5,500 39,000 33,500 4.500 38.000 Answer is complete but not entirely correct. Conversion Whole Unit Materials 9.821 Cost per equivalent unit S 15.737 $ 25.558 Note: There is difference of $29 in both the values due to rounding and we feel a note which reads: "Due to rounding, your 'Cost $" accounted for may not be equal to "Cost to account for" Answer is not complete. Cost Reconciliation Total Cost Equivalent Units (EU) Materials Conversion $ 857,193 329,004 Cost accounted for as follows: Transferred to next department: Work in process, ending Materials Conversion Note: There is difference of "$29 in both the values due to rounding and we feel a note which reads: "Due to rounding, your "Cos accounted for" may not be equal to "Cost to account for"'. Answer is not complete. Cost Reconciliation Total Cost Equivalent Units (EU) Materials Conversion $ 857,193 329,004 Cost accounted for as follows: Transferred to next department: Work in process, ending Materials Conversion Total Total cost 0 $ 857,193 329,004 0