Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating. and Packaging. Mercier uses the weighted-average process costing method to account for costs of production in all three departments, The following information was obtained for the Fabricating Department for the month of Septembet. 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 $356,250. The Fabricating Department 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 inventory at September 30 was as follows: Required: a. Prepare a production cost report for September using the FIFO. Note: Round "Cost per equivalent unit" to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ MERCIER MANUFACTURING } \\ \hline \multicolumn{7}{|c|}{ Fabricating Department } \\ \hline \multicolumn{7}{|c|}{ Production Cost Report-FIFO } \\ \hline & Physical Units & Total Costs & \begin{tabular}{l} Prior: \\ Department \\ Costs \end{tabular} & Materials & Labor & \begin{tabular}{c} Manufacturing \\ Overhead \end{tabular} \\ \hline \multicolumn{7}{|l|}{ Flow of Production Units } \\ \hline \multicolumn{7}{|l|}{ Units to be accounted for: } \\ \hline Beginning WIP irwentory & 15,000 & & & & & \\ \hline Units started this period & 75,000 & & & & & \\ \hline Total units to be accounted for & 90,000 & & & & & \\ \hline Units accounted for & & & & & & & \\ \hline \multicolumn{7}{|l|}{ Units completed and transferred out: } \\ \hline From beginning inwentory & 15,000 & & a) & 15,000 & & ? \\ \hline \multicolumn{7}{|l|}{ Started and comploted currently } \\ \hline Units in ending WIP inventory & 30,000 & & & & & \\ \hline Total units accounted for & 45,000 & & 0 & 15,000 & 0 & 0 \\ \hline \multicolumn{7}{|l|}{ Costs to be accounted for: } \\ \hline \multicolumn{7}{|l|}{ Costs in beginning WIP inventory } \\ \hline \multicolumn{7}{|l|}{ Current period costs } \\ \hline Total costs to be accounted for & & $ & 5 & 0 & 5 & $ \\ \hline \multicolumn{7}{|l|}{ Cost per equivalont unit: } \\ \hline \multicolumn{7}{|l|}{ Prior department costs } \\ \hline \multicolumn{7}{|l|}{ Matorials } \\ \hline \multicolumn{7}{|l|}{ Labor } \\ \hline \multicolumn{7}{|l|}{ Manufacturing overhead } \\ \hline \multicolumn{7}{|l|}{ Costs accounted for: } \\ \hline \multicolumn{7}{|l|}{ Costs assigned to units transterred out: } \\ \hline Costs from beginning WIP inventory & & & & & & p \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|l|}{ Costs astigned to unith transfered out } \\ \hline \multicolumn{7}{|l|}{ Costs fram beginning WiP inventory } \\ \hline \multicolumn{7}{|c|}{ Current costs added to complete beginning WIP inventory: } \\ \hline Prior department costs & & of & 0 & & & \\ \hline \multicolumn{7}{|l|}{ Materials } \\ \hline \multicolumn{7}{|l|}{ Labor } \\ \hline \multicolumn{7}{|l|}{ Manufacturing overhead } \\ \hline Totat costs from beginning inventory & $ & 0 & & & & \\ \hline \multicolumn{7}{|l|}{ Current costs of units started and completed: } \\ \hline Prior department costs & 4 & & & & & \\ \hline \multicolumn{7}{|l|}{ Materials } \\ \hline \multicolumn{7}{|l|}{ Labor } \\ \hline \multicolumn{7}{|l|}{ Manufacturing owerhead } \\ \hline Total costs of units started and completed & $ & 0 & & & & \\ \hline Total costs of units transferred out & $ & 0 & & & & \\ \hline \multicolumn{7}{|l|}{ Costs assigned to ending WIP inventory: } \\ \hline \multicolumn{7}{|l|}{ Prior department costs } \\ \hline \multicolumn{7}{|l|}{ Materials } \\ \hline \multicolumn{7}{|l|}{ Labor } \\ \hline \multicolumn{7}{|l|}{ Manufacturing overhead } \\ \hline Total ending WIP inventory & $ & 0 & & & & \\ \hline Total costs accounted for & $ & 0 & 0 & 5 & 5 & $ \\ \hline \end{tabular}