Jwell Manufacturing Company (JMC) makes promotional flags and used a process-costing system (weighted average method).

The following information relates to JMC: Weighted Average Method
Physical Units		Direct Material		Conv Costs
WIP , Beginning	5,000		25,000		17,500
Started during period			12,000
Good units comp/transferred			12,500
Normal spoilage			200
Abnormal spoilage			100
WIP, Ending			4,200
Total costs added in period		21,800		27,500
Completion:
WIP (Begin): DM 80%, CC 50%
WIP (Ending): DM 80%, CC 30% Required: 1. Prepare a Cost of Production Report that includes the calculation of equivalent units, the cost per equivalent units, a summary of costs to account for and the cost of units transferred and the cost of the units in ending work in process.