Prepare a cost of production report for the Processing Department for Decembe:

Prepare an Analysis of all changes in Work in Process:

Weighted Average Process Costing A Company manufactures one product on a continuous basis in two departments, Processing and Finishing. All materials are added at the beginning of work on the product in the Processing Department. During December 2009, the following events occurred in the Processing Department: Units started 16,000 units Units completed and transferred to 15,000 units Finishing Department Other information: Costs assigned to processing Raw materials (one unit of raw materials $142,90000 The Company uses weighted average costing for each unit of product started) and applies manufacturing overhead to Work- in-Process at the rate of 100 percent of direct labor cost. Manufacturing supplies used 18.000 Ending inventory in the Processing Department consists of 3,000 units that are one-third converted Direct labor costs incurred 51,000 Beginning inventory contained 2,000 units one-half converted, with a cost of $34,500 ($24,500 for materials and $10,000 for conversion). Supervisors' salaries 12,000 Other production labor costs 14,000 Depreciation on equipment 6.000 18,000 Other production costs