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Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T). WIP inventory-Department T

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Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T). WIP inventory-Department T Beginning inventory ((9,500 units, 30% complete with respect to Department T costs) Transferred-in costs (from Department S) Department conversion costs Current work (21,500 units started) Prior department costs Department I costs $ 53,900 21,920 129,000 225,330 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 Flow of units: Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for 0 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 0 0 Total Prior Department Department T 0 $ 0 $ 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 0 $ 0 $ 0

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