Folly Industries manufactures gadgets in two stages. The first phase of production occurs in the Assembly Department. Units are then transferred to the Finishing Department where the product is finished and packaged for shipment to distributors. This question deals with the Finishing Department. The Finishing Department adds material (Material A) to the widget as soon as it is received from the Assembly Department. Packaging material (Material B) is added when the production is 90% complete. Inspection takes place when production is 85% complete. Following is the data recorded for the Finishing Department for the month of April: Units of beginning work-in-process inventory 35,000 Units of ending work-in-process inventory 40,000 Percentage completion of units in beginning work-in-process inventory 50% Cost of Material A in beginning work-in-process inventory $250,000 Cost of Material B in beginning work-in-process inventory ? Transferred-in cost in beginning work-in-process inventory $355,000 Conversions costs in beginning work-in-process inventory $580,000 Percentage completion of units in ending work-in-process inventory 88% Costs of Material A added during the month $1,410,000 Costs of Material B added during the month $300,000 Conversion costs added during the month $3,182,000 Transferred-in costs added during the month $2,105,000 Units started this month 140,000 Units completed and transferred to finished goods inventory 125,000 Normal spoilage is 2% of all good units that pass inspection. The company pro-rates the normal spoilage between cost of goods manufactured and ending work-in-process. The company uses the weighted average method for cost assignment.

Required: For April, prepare a production report, summarizing total costs to account for and assigning the costs to units completed and transferred out, to abnormal spoilage and to units in ending work-in-process.