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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
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 ((8,600 units, 20% complete with respect to Department T costs) Transferred-in costs (from Department S) Department T conversion costs Current work (19,700 units started) Prior department costs Department T costs $ 41,030 11,110 100,470 198,240 The ending inventory has 3,600 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
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