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Please help Kansas Supplies is a manufacturer of plastic parts that uses the weightedaverage process costing method to account for costs of production. It produces
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Kansas Supplies is a manufacturer of plastic parts that uses the weightedaverage process costing method to account for costs of production. It produces parts in three separate departments: Molding, Assembling, and Packaging. The following information was obtained forthe Assembling Department for the month of April. Work in process on April 1 had 105,000 units made up ofthe following. Degree of Amount Completion Prior department costs transferred in from the Molding Department $140,700 100% Costs added by the Assembling Department Direct materials $ 88, 20-0 100% Direct labor 36, 370 70% Manufacturing overhead 17,470 59% $142, 04-0 work in process, April 1 $2323740 During April, 505,000 units were transferred in from the Molding Department at a cost of $6?6,?00. The Assembling Department added the following costs. Direct materials $406,980 Direct labor 168,4?0 Manufacturing overhead 104,280 Total costs added $679,?30 Assembling finished 405,000 units and transferred them to the Packaging Department. At April 30, 205,000 units were still in workinprocess inventory. The degree of completion of workinprocess inventor).r at April 30 was as follows. Direct materials 90% Direct labor 80 Manufacturing overhead 40 Required: 0. Prepare a production cost report using the weightedaverage method. {Round "Cost per equivalent unit" to 2 decimal places.) \fStep by Step Solution
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