Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to...

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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 102,000 units made up of the following. Amount Degree of Completion Prior department costs transferred in from the Molding Department $133,620 100% Costs added by the Assembling Department Direct materials Direct labor Manufacturing overhead Work in process, April 1 $ 76,500 100% 31,264 70% 23,734 50% $131,498 $265,118 During April, 502,000 units were transferred in from the Molding Department at a cost of $657,620. The Assembling Department added the following costs. Direct materials $361,350 Direct labor 137,816 Manufacturing overhead 118,076 Total costs added $617,242 Assembling finished 402,000 units and transferred them to the Packaging Department. At April 30, 202,000 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 80 Manufacturing overhead 35 Required: a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.) Flow 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 Units in ending WIP inventory Total units accounted for Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for KANSAS SUPPLIES Assembling Department Production Cost Report-Weighted Average Physical Units Total Costs Prior Department Costs Manufacturing Materials Labor Overhead 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 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 102,000 units made up of the following. Amount Degree of Completion Prior department costs transferred in from the Molding Department $133,620 100% Costs added by the Assembling Department Direct materials Direct labor Manufacturing overhead Work in process, April 1 $ 76,500 100% 31,264 70% 23,734 50% $131,498 $265,118 During April, 502,000 units were transferred in from the Molding Department at a cost of $657,620. The Assembling Department added the following costs. Direct materials $361,350 Direct labor 137,816 Manufacturing overhead 118,076 Total costs added $617,242 Assembling finished 402,000 units and transferred them to the Packaging Department. At April 30, 202,000 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 80 Manufacturing overhead 35 Required: a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.) Flow 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 Units in ending WIP inventory Total units accounted for Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for KANSAS SUPPLIES Assembling Department Production Cost Report-Weighted Average Physical Units Total Costs Prior Department Costs Manufacturing Materials Labor Overhead 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