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Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in

Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in three separate departments: Molding, Assembling, and Packaging. The following information was obtained for the Assembling Department for the month of April.

Work in process on April 1 had 75,000 units made up of the following:

Amount Degree of Completion
Prior department costs transferred in from the Molding Department $ 192,000 100 %
Costs added by the Assembling Department
Direct materials $ 120,000 100 %
Direct labor 43,200 60 %
Manufacturing overhead 27,600 50 %
$ 190,800
Work in process, April 1 $ 382,800

During April, 375,000 units were transferred in from the Molding Department at a cost of $960,000. The Assembling Department added the following costs:

Direct materials $ 576,000
Direct labor 216,000
Manufacturing overhead 113,400
Total costs added $ 905,400

Assembling finished 300,000 units and transferred them to the Packaging Department.

At April 30, 150,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as follows:

Direct materials 90 %
Direct labor 70
Manufacturing overhead 35

Required:

a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.)

PLEASE GIVE ANSWERS FOR ALL BOXES MARKED WITH STARS!!!!

Production Cost Report
Flow of production units
Physical Units
Units to be accounted for:
Beginning WIP inventory *
Units Started This Period *
Total Units to be Accounted For

Compute Equivalent Units

Prior Department Costs Materials Labor Manufacturing Overhead Units Accounted For: Units Completed and Transferred Out From Beginning Inventory * Started and Completed Currently * Total Transferred Out * * * * Units in Ending WIP Inventory * * * * * Total Units Accounted For

Details
Total Costs Prior Department Costs Materials Labor Manufacturing Overhead
Costs to be Accounted For
Costs in Beginning WIP Inventory * * * * *
Current Period Costs * * * * *
Total Costs to be Accounted For
Cost per equivalent unit
Prior department costs *
Materials *
Labor *
Manufacturing Overhead *
Costs accounted for:
Costs assigned to units transferred out:
Prior department costs * *
Materials * *
Labor * *
Manufacturing Overhead * *
Total costs of units transferred out
Costs assigned to ending WIP inventory:
Prior department costs * *
Materials * *
Labor * *
Manufacturing Overhead * *
Total ending WIP inventory
Total costs accounted for

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