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Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Me the weighted-average process costing method to account for costs of
Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Me the weighted-average process costing method to account for costs of production in all three departments. The following i was obtained for the Fabricating Department for the month of September. Work in process on September 1 had 15,000 units made up of the following: During September, 75,000 units were transferred in from the Extruding Department at a cost of $436,250. The Fabricating added the following costs: Fabricating finished 60,000 units and transferred them to the Packaging Department. At September 30, 30,000 units were still in work-in-process inventory. The degree of completion of work-in-process invent September 30 was as follows: Required: a. Prepare a production cost report for September using the weighted-average method. Note: Round "Cost per equivalent unit" to 2 decimal places. Round your final answers to nearest whole number
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