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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


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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 117,000 units made up of the following. Amount Degree of Completion Prior department costs transferred in from the Molding Department $170,820 100% Costs added by the Assembling Department Direct materials Direct labor Manufacturing overhead Work in process, April 1 $ 93,600 55,219 100% 70% 18,861 50% $167,680 $338,500 During April, 517,000 units were transferred in from the Molding Department at a cost of $754,820. The Assembling Department added the following costs. Direct materials Direct labor Manufacturing overhead Total costs added $396,240 269,611 101,664 $767,515 Assembling finished 417,000 units and transferred them to the Packaging Department. At April 30, 217,000 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% 80 Direct labor Manufacturing overhead 30 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 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 Physical Units Total Costs 0 0 0 Prior Department Costs Materials Labor Manufacturing Overhead 0 0 0 Costs to be accounted for: Costs in beginning WIP inventory Current period costs $ 0 $ 0 $ $ 0 $ 0 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 $ 0 Total ending WIP inventory $ 0 Total costs accounted for $ 0 $ 0 $ 0 $ 0 $ 0

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