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PART 3 (7 points, 15 minutes) The Alpha Global Inc. produces a product known as Antacid-ZX - an over the counter medicine used to neutralize

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PART 3 (7 points, 15 minutes) The Alpha Global Inc. produces a product known as Antacid-ZX - an over the counter medicine used to neutralize stomach acidity. The processing of Antacid-ZX is completed in three separate departments. The data belonging to first department for the month of March is given below: % Complete COSTS DM CC Units DM CC WIP, March 1 80% 75% 40,000 $ 34,300 $ 39,000 Started in March 380,000 Completed & transferred out 395,000 WIP, March 31 60% 20% 25,000 Costs added during March $ 435,600 $481,000 REQUIRED: Prepare a cost report assuming the weighted average method is used

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