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Lansing, Inc. provides the following information for one of its departments operations for June (no new material is added in Department T): WIP inventoryDepartment T

Lansing, Inc. provides the following information for one of its departments operations for June (no new material is added in Department T):

WIP inventoryDepartment T
Beginning inventory ((9,500 units, 30% complete with respect to Department T costs)
Transferred-in costs (from Department S) $ 53,900
Department T conversion costs 21,920
Current work (21,500 units started)
Prior department costs 129,000
Department T costs 225,330

The ending inventory has 4,500 units, which are 50 percent complete with respect to Department T costs and 100 percent complete for prior department costs.

Required:

a. Complete the production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.)

Physical Units Equivalent Units
Prior Department Department T
Flow of units:
Units to be accounted for:
Beginning WIP inventory
Units started this period
Total units to account for
Units accounted for:
Completed and transferred out
Units in ending inventory
Prior department
Department T
Total units accounted for

Total Prior Department Department T
Flow of costs:
Costs to be accounted for:
Costs in beginning WIP inventory
Current period costs
Total costs to be accounted for
Cost per equivalent unit
Prior department
Department T
Costs accounted for:
Costs assigned to units transferred out
Costs of ending WIP inventory
Total costs accounted for

Thank you for your help!

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