Edenton Boat Company manufactures small pleasure boats on an assembly-line basis. The units are started in the Department A. On July 1 of this year, the Work-in-Process inventory of the department A consisted of 200 units 100% complete as to materials and 40% complete as to conversion. During the month, 400 units were started and 500 units were completed and transferred out. The Work-in-Process on July 31 was 100% complete as to materials and 30% complete as to conversion. Costs in process at the beginning of the period amounted to $600,000 for materials and $160,000 for conversion. Costs added during the period were materials costs of $1,802,700 and conversion costs of $905,512. Required: Fill in the production cost report using the weighted-average method. Physical United Percentage Completion Weighted Average Equivalent Unita Materiala Conversion Beginning WIP Materials % Conversion Units started Total to account for Units Finished Ending WIP Materials Conversion % Total accounted for Total Equivalent Units 6001 530 DETERMINE TOTAL COSTS Materials Conversion Total $600,000 $160,000 $760,000 Beginning WIP Current Costs 905,512 TOTAL $2.402.700 $3.468,212 WTAVG Cost per EU COST ASSIGNED-WEIGHTED AVERAGE Unita Completed Units in Ending WIP and Transferred Out Inventory Finished Goods units $ Ending WIP units Materials $ Conversion TOTAL MANUFACTURING COSTS ACCOUNTED FOR $3,007.450 $460.762