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Following is information about the assembly department of a company: 1. There were 184,900 units in work in process on August 1. With respect to

Following is information about the assembly department of a company:

1. There were 184,900 units in work in process on August 1. With respect to units transferred in, 100% were complete and costs incurred amounted to $140,200. With respect to conversion, 75% of the units were complete and costs incurred amounted to $52,000.
2. 485,800 units were transferred in from the cutting department during August.
3. 612,900 units were completed during August and transferred to the finished goods inventory.
4. During August, costs incurred were as follows: $490,258 for units transferred in from cutting, $355,482 for direct materials used, and $143,141 for conversion costs.
5. There are 57,800 units in work in process on August 31. With respect to the units transferred in, 100% are complete and 65% are complete with respect to conversion.

Prepare a production cost report. (Round unit costs to 7 decimal places, e.g. 0.1287345 and all other answers to 0 decimal places, e.g. 5,275.)

Transferred in Direct Materials Conversion costs Totals
Units to be accounted for:
Work in process, Aug. 1 fill in
Units transferred in fill in
fill in
Units accounted for:
Transferred out fill in fill in fill in
Work in process, Aug. 31 fill in fill in fill in
Costs in August $ fill in $ fill in $fill in $ fill in
Equivalent units fill in fill in fill in
Unit cost $ fill in $ fill in $ fill in $ fill in
Costs to account for:
Work in process, Aug. 1 $ fill in
Started into production fill in
$ fill in
Costs accounted for
Transferred out $ fill in
Work in process, Aug. 31
Transferred in $ fill in
Conversion costs fill in
Total costs $ fill in

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