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Douglas Toys is a manufacturer that uses the weighted-average process costing method to account for costs of production. It produces a plastic toy in three

Douglas Toys is a manufacturer that uses the weighted-average process costing method to account for costs of production. It produces a plastic toy in three separate departments: Molding, Assembling, and Finishing. The following information was obtained for the Assembling Department for the month of September.

Work in process on September 1 had 111,000 units made up of the following:

Amount Degree of Completion
Prior department costs transferred in from the Molding Department $ 155,400 100 %
Costs added by the Assembling Department
Direct materials $ 99,900 100 %
Direct labor 45,007 70 %
Manufacturing overhead 25,026 50 %
$ 169,933
Work in process, September 1 $ 325,333

During September, 511,000 units were transferred in from the Molding Department at a cost of $715,400. The Assembling Department added the following costs:

Direct materials $ 440,910
Direct labor 215,903
Manufacturing overhead 117,264
Total costs added $ 774,077

Assembling finished 411,000 units and transferred them to the Finishing Department.

At September 30, 211,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at September 30 was as follows:

Direct materials 90 %
Direct labor 80
Manufacturing overhead 30

Required:
Prepare a production cost report using the weighted-average method.(Round "cost per equivalent unit" to 2 decimal places.)

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