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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 108,000 units made up of the following: Degree of Amount Completion Prior department costs transferred in from the Molding Department_$ 147,960 100% Costs added by the Assembling Department Direct materials $ 97,200 100% Direct labor 35,696 60% Manufacturing overhead 22.244 50% $ 155,140 Work process, April 1 $ 303,100 During April, 508,000 units were transferred in from the Molding Department at a cost of $695,960. The Assembling Department added the following costs: Direct materials Direct labor Manufacturing overhead Total costs added $ 419,760 185,744 100.556 $ 706,060 Assembling finished 408,000 units and transferred them to the Packaging Department. At April 30, 208,000 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 unit" to 2 decimal places.) KANBAB SUPPLIEB Accambling Department Production Cost ReportWeighted Average 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 UNITB Prior Department Material Labor Manufacturing Costs Overhead Units accounted for Units completed and transformed out: From beginning inventory Started and completed currenty Total transferred out Units in ording WP inventory Total units accounted for DETAILS Total Costa Prior Department Cocte Material Labor Manufacturing Overhead Costs to be accounted for. Costs in beginning WP 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 transformed out Prior department costs Matalas Labor Manufacturing overhead Total costs of units transfered out Costs assigned to ending WP inventory Prior department costs Materials Labor Manufacturing overhead Total ending WP inventory Total costs accounted for

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