eBook Video Production Report, Weighted Average Murray Inc. manufactures bicycle frames in two departments: Cutting and Welding. Murray uses the weighted average method. Manufacturing costs are added uniformly throughout the process The following are cost and production data for the cutting department for October: Production: Units in process, October 1, 40% complete Units completed and transferred out Units in process, October 31, 60% complete Costs: WIR, October 1 Costs added during October 10,000 68,000 20,000 $80,000 1,458,000 Hide Prepare a production report for the cutting department. Round cost per equivalent unit to the nearest cent. Use this rounded amount for further calculations