Consists of cost transferred in, $16,275; materials cost, $6,720; and corversion costs, $22,050. After mulling over the data above. Tava's president commented, "I car't understand what's happening here. Despite a concentratist effort at cost redoction, our unit cost actually went up in the Forming Department last month. With that kind of performance, year-end ponuses are out of the question for the people in that department:" The compiny uses the welghted average method in its process costing. Required: 9. Calculate the following by preparing a report for the Forming Department for October. (Round Cost per equivalent unit answers to 2 decimal ploces.) Case 6-20 Effect of Incorrect Costing across Departments-Weighted-Average Method [LO2, LO3, LO4, [05] tavia Limited manufactures a plastic gasket that is used in automobile engines. The gaskets go through three processing departments: Mbing. Forming, and Stamping. The company's accountant (who is very inexperienced) has prepared a summary of production and costs for the Forming Department for October, as follows: Consists of cost transferred in, $16,275; materials cost. $6,720; and corrversion costs, $22,050. After muming over the data above, Tavia's president commented, 4 carit understand what's happening here, Desple a concentitated fifort at cost reduction, our unit cost actually went up in the Forming Department tast month With that kind of performance year-ent ponuses are out of the question for the people in that departmient." The company ises the weighted-average method in its process costing