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I need help preparing a cost of production report for this exercise. Please!!! 2. Xavier Corporation manufactures a plastic toy product in a two-stage production

I need help preparing a cost of production report for this exercise. Please!!! image text in transcribed
2. Xavier Corporation manufactures a plastic toy product in a two-stage production process Plastice brought into the Forming Department where it is shaped. Shaped products are then moved to the Finishing Department where metal is added. The following data is given for the Forming Department for November XAVIER USES WEIGHTED AVERAGE METHOD Units for November Work in process, beginning inventory November 300 units Direct materials (100% complete) Conversion (40% complete) Units started in November 2,200 units 500 units Work in process, ending inventory November 30 Direct materials (100% complete) Conversion (25%) Costs for November Work in process, beginning inventory Direct materials $7,100 $4,525 Costs added during November. Direct materials Conversion $70,400 $40,100 Round to two decimal places. Required a. PREPARE A COST OF PRODUCTION REPORT IN GOOD FORM Copyright Coangage Leaming. Powared by Cognera Page 3

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