Cost of Production Report Materials Conversion EWIP The owner of Fino Linens Inc., a manufacturer of bed and bath linens, insisted on a formal report that provided all the details of the weighted average method. In the manufacturing process, all materials are added at the beginning. The following data are for the bath linens department for August: Bath Linens Department Units accounted for: Assembly Department Production Report Production: For March (Weighted Average Method) Units in process, August 1, 40 percent complete 60,000 Unit Information Completed Units completed and transferred out 480,000 Physical flow: Units to account for: Units in process, August 31, 70 percent complete 40,000 Units in beginning WIP Total Costs: Units started Material Conversion Cost Information Total units Costs to account for: WIP, August 1 $168,000 $ 49,300 Units accounted for: Materials has Conversion Current costs 472,000 182,000 Units completed BWIP Total $640,000 $231,300 Units in ending WIP Added Required: Total units Total Prepare a cost of production report for the bath linens department for August using the weighted average method. Grand total Per unit cost: Materials Conversion Total Costs accounted for: Units transferred out EWIP - material Conversion