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Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending
Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending inventory is 60% complete. The company uses the weighted-average method. (Click the icon to view the production report.) \begin{tabular}{|c|c|c|c|} \hline & \multirow[b]{2}{*}{\begin{tabular}{c} Physical \\ Units \end{tabular}} & \multicolumn{2}{|c|}{ Equivalent Units } \\ \hline UNITS & & \begin{tabular}{c} Direct \\ Materials \end{tabular} & \begin{tabular}{c} Conversion \\ Costs \end{tabular} \\ \hline Units to account for: & & & \\ \hline Beginning work-in-process & 500 & & \\ \hline Started in production & 2,200 & & \\ \hline Total units to account for & \begin{tabular}{r} 2700 \\ \end{tabular} & & \\ \hline \end{tabular} Units accounted for: Complete the missing amounts in the following production report. Materials are added at Complete the production cost report that you began in the step above by calculating the costs per equivalent unit in this step, and then by calculating the the total cost of units completed and transferred out and of units in ending inventory in the following step. (Enter the cost per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP = equivalent units of production.) CosTs Costs to account for: Beginning work-in-process Costs added during period Costs added during period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for
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