Cost of Production Report 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: Production: Units in process, August 1, 40 percent complete Units completed and transferred out Units in process, August 31, 70 percent complete 60,000 480,000 40,000 Costs: Material Conversion WIP, August 1 S168,000 $ 49,300 Current costs 472,000 182,000 Total 5640,000 $231,300 Required: Prepare cost of production report for the bath linens department for August using the weighted average method. Round "Per unit cost" values to the four decimal places. Bath Linens Department Assembly Department Production Report For March (Weighted Average Method) Unit Information Prepare cost of production report for the bath linens department for August using the weighted average method. Round "Per unit cost" values to the four decimal places. Bath Linens Department Assembly Department Production Report For March (Weighted Average Method) Unit Information Physical flow: Units to account for: Units in beginning WIP Units started Total units Units accounted for: Units completed Units in ending WIP Total units Units accounted for: Materials Conversion Completed EWIP ini Total Units accounted for: Materials Conversion Completed EWIP Total Cost Information Costs to account for: Materials Conversion BWIP Added Hii Total $ Grand total Per unit cost: Materials Conversion Total Costs accounted for: Units transferred out Total Cost Information Costs to account for: Materials Conversion BWIP $ Added Total $ Grand total Per unit cost: Materials Conversion Total Costs accounted for: Units transferred out ini na EWIP - material Conversion