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Lauren, Inc. uses a process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in

  1. Lauren, Inc. uses a process costing system. The following data concern the operations of the company's first processing department for a recent month.

Work in process, beginning:

Units in process 400

Stage of completion with respect

to materials 90%

Stage of completion with respect

to conversion costs 40%

Costs in the beginning inventory:

Materials $ 756

Conversion costs $4,448

Units started into production during

the month 13,000

Costs added to production during the month:

Materials $29,949

Conversion costs $362,127

Work in process, ending:

Units in process 100

Stage of completion with respect

to materials 50%

Stage of completion with respect

to conversion costs 30%

Prepare a complete production report for the department using the weighted-average method.

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