Please note the following:

Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average 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 for the Assembling Department for the month of April. Work in process on April 1 had 75,000 units made up of the following: Page 317 Degree of Amount Completion Prior department costs transferred in from the Molding Department. . $ 192,000 100% Costs added by the Assembling Department Direct materials . ... 120,000 100% Direct labor . . . 43,200 60% Manufacturing overhead . . 27,600 50% $190,800 Work in process, April 1 $382,800 During April, 375,000 units were transferred in from the Molding Department at a cost of $960,000. The Assembling Department added the following costs: Direct materials $576,000 Direct labor . . . . 216,000 Manufacturing overhead . 113,400 Total costs added $905,400 Assembling finished 300,000 units and transferred them to the Packaging Department. At April 30, 150,000 units were still in work-in-process inventory. The degree of completion of work-in- process inventory at April 30 was as follows: Direct materials 90% Direct labor . . 70 Manufacturing overhead 35 Required a. Prepare a production cost report using the weighted-average method. b. Prepare a production cost report using FIFO. c. Management would like to decrease the costs of manufacturing the parts. In particular, it has set the following per unit targets for this product in the Assembling Department: Materials, $1.60; abor, $0.80; and manufacturing overhead, $0.36. Has the product achieved management's cost answer(s). targets in the Assembling Department? Write a short report to management stating your (CPA adapted)