Fearnley & Sons Ltd manufacture a single product through two processes, Assembly and Finishing. Production statistics for the two Departments for the month of June are as follows: Assembl Finishin 10,000 20,000 30,000 8,000 Beginning WIP Units started / transferred-in Units completed Ending WIP 37,000 In the Finishing Department, opening WIP was 20% complete as to conversion, while the ending WIP was 40% complete as to conversion. All materials in Finishing are added at the 50% stage of the production process and conversion costs are added uniformly. As units are completed in the Finishing Department, they are transferred to Finished Goods. Additional cost information relating to the Finishing Department is provided below: Costs in opening WIP: $ 40,000 Transferred-In Materials Conversion Costs $ 3,168 Costs incurred for the month of June: Transferred-In (from Assembly)$150,000 Materials Direct Labour Manufacturing Overhead $131,720 $17,184 $53,700 The company uses the weighted average method to calculate its unit costs. Required: (a) Prepare the Finishing Department's Cost of Production Report for the month of June, detailing the equivalent units of work done, the equivalent unit costs and the costs assigned to the completed units transferred out to Finished Goods and to the ending WIP under the weighted average method (10 marks)