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Problem 8-53

Kansas Supplies is a manufocturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in three separate departments. Moiding, Assembling, and Packaging The following information was obtained for the Assembling Department for the month of Aprii. Work in process on April 1 had 115,000 units made up of the following. During April, 515,000 units were transferred in from the Molding Department at a cost of $741,600. The Assembling Department added the following costs. Assembling finished 415,000 units and transferred them to the Packaging Department At April 30, 215,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as folliows Required: a. Prepare o production cost report using the weighted-average method. (Round "Cost per equlvalent unit" to 2 decimal places.) KANGAS SUPPLIES Assembiling Department Production Cost Report-Weighled Average (i) Kansas Supplies is a manufocturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in three separate departments. Moiding, Assembling, and Packaging The following information was obtained for the Assembling Department for the month of Aprii. Work in process on April 1 had 115,000 units made up of the following. During April, 515,000 units were transferred in from the Molding Department at a cost of $741,600. The Assembling Department added the following costs. Assembling finished 415,000 units and transferred them to the Packaging Department At April 30, 215,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as folliows Required: a. Prepare o production cost report using the weighted-average method. (Round "Cost per equlvalent unit" to 2 decimal places.) KANGAS SUPPLIES Assembiling Department Production Cost Report-Weighled Average (i)