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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

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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 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 101,000 units made up of the following. Degree of Amount Completion Prior department costs transferred in from the Molding Department $131,300 100% costs added by the Assembling Department Direct materials $ 80,800 100% Direct labor 27,802 60% Manufacturing overhead 18,718 $127,320 Work in process, April 1 $258,620 50% During April, 501,000 units were transferred in from the Molding Department at a cost of $651,300. The Assembling Department added the following costs. Direct materials Direct labor Manufacturing overhead Total costs added $368,640 134,708 77,562 $589,910 Assembling finished 401,000 units and transferred them to the Packaging Department. At April 30, 201,000 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 Direct labor Manufacturing overhead 80% 70 40 Required: a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unlt" to 2 decimal places.) Required: a. Prepare a production cost report using the weighted average method. (Round "Cost per equivalent unit" to 2 decimal places.) KANSAS SUPPLIES Assembling Department Production Cost Report-Weighted Average Total Coats Prior Department Physical Units Costa Materiale Labor Manufacturing Overhead Flaw of Production Units Units to be accounted for Beginning WIP inventory Units started this period Total units to be accounted for Units accounted for: Units completed and transferred out: From beginning inventory Started and completed currently Total transferred out Unitsin ending WIP inventory Total units accounted for 0 0 Casts to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for S 0 S ols 0 S 0 S 0 Cost per equivalent unit: Prior department costs Materials Labar Manufacturing overhead S Casts accounted for: Costs assigned to units transferred out: Prior department costs Materials Labor Manufacturing overhead Total costs of units transferred out Casts assigned to ending WIP inventory: Prior department costs Materials Labor Manufacturing overhead Total ending WIP inventory Total costs accounted for S s 0 S S S

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