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Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for casts 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 casts of production. It produces parts in three scparate departments: Molding. Assembling, and Packaging. The follewing informetion was abtained for the Asserbling Department for the month of April. Work in process on April 1 had 103,000 units made up of the following. During April, 503,000 units were transferred in from the Molding Department at a cost of $663,950. The Assembling Department added the following costs. Assembling finished 403,000 units and transferred them to the Packaging Department. At April 30, 203,000 units were still in work-in-process inventory. The degree af completion of work-in-process irwertory at April 30 was as fallows. Required: a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" 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.)
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