Exercise 8-51 (Aigo) Prepare a Proauction Cost Report: weighted-Average metnoa (LU 8-2, 4) Beverly Plastics produces a part used in precision machining. The part is produced in two departments: Mixing and Refining. The raw material is introduced into the process in the Mixing Department. The cost of the material fluctuates significantly month to month based on market conditions. Information on costs and operations in the Refining Department for September follow: WIP inventory-Refining Beginning. inventory (17,500 units, 10% complete with respect to Refining costs) Transferred-in costs (from Mixing) Refining conversion costs Current work (55,300 units started) Mixing costs Refining costs $ 246,055 9,676 $ 907,625 103,140 The ending inventory has 14,900 units, which are 90 percent complete with respect to Refining Department costs. Required: Complete the production cost report using the weighted-average method. Note: Round "Cost per equivalent unit" to 2 decimal places. Flow of units: Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for Completed and transferred out Units In ending inventory Mixing Refining Total units accounted for Equivalent Units Refining Department Physical Units Mixing Department 0 0 0 Total Mixing Department Refining Department 0 Flow of units: Units to be accounted for Beginning WIP inventory Units started this period. Total units to account for Units accounted for Completed and transferred out Units in ending inventory Mixing Refining Total units accounted for Flow of costs: Costs to be accounted for: Physical Units Total Equivalent Units Mixing Department Refining Department 0 Mixing Department 0 Refining Department 0 Costs in beginning WIP inventory Current period costs Total costs to be accounted for $ 0 $ 0 $ 0 Cost per equivalent unit Mixing Refining Costs accounted for: Costs assigned to units transferred out Costs of ending WIP inventory Total costs accounted for $ 0 $ 0 $ 0