Process Costing Rondelle Supplies is a manufacturer of plastic parts that uses the weighted-average process costing...

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Process Costing Rondelle 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 (WIP) on April 1 had 75,000 units made up of the following: Direct materials Amount Prior department costs transferred in from the Molding Department Costs added by the Assembling Department $192,000 Degree of Completion 100% $120,000 100% $43,200 60% $27,600 50% $190,800 $382,000 Direct labor Manufacturing overhead Total Work in process, April 1 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 Direct labor Manufacturing overhead Total costs added $576,000 $216,000 $113,400 $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 Direct labor Manufacturing overhead 90% 70% 35% Refer to your textbook (Chapter 8 pp. 337-343) and prepare a production cost report using the weighted-average method. Use the template below (fill in the cells indicated in green) and round "Cost per equivalent unit" to 2 digits. Rondelle Supplies Assembling Department Production Cost Report - Weighted-Average Physical Units Total Costs Prior Department Materials Labor Manufacturing Overhead | Started and completed currently Total transferred out Units in ending WIP inventory Total units accounted for Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for Costs per equivalent unit: Prior department costs Materials Labor Manufacturing overhead Costs accounted for: Costs assigned to units transferred out: Prior department costs Materials Labor Manufacturing overhead Total costs of units transferred out Costs assigned to ending WIP inventory: Prior department costs Materials Labor Manufacturing overhead Total ending WIP inventory Total costs accounted for Submit your work with calculations Flow of Production Units Units to be accounted for: Beginning WIP inventory Units started this period Total units to be accounted for Units accounted for: Units completed and transferred out: From beginning inventory Costs Process Costing Rondelle 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 (WIP) on April 1 had 75,000 units made up of the following: Direct materials Amount Prior department costs transferred in from the Molding Department Costs added by the Assembling Department $192,000 Degree of Completion 100% $120,000 100% $43,200 60% $27,600 50% $190,800 $382,000 Direct labor Manufacturing overhead Total Work in process, April 1 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 Direct labor Manufacturing overhead Total costs added $576,000 $216,000 $113,400 $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 Direct labor Manufacturing overhead 90% 70% 35% Refer to your textbook (Chapter 8 pp. 337-343) and prepare a production cost report using the weighted-average method. Use the template below (fill in the cells indicated in green) and round "Cost per equivalent unit" to 2 digits. Rondelle Supplies Assembling Department Production Cost Report - Weighted-Average Physical Units Total Costs Prior Department Materials Labor Manufacturing Overhead | Started and completed currently Total transferred out Units in ending WIP inventory Total units accounted for Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for Costs per equivalent unit: Prior department costs Materials Labor Manufacturing overhead Costs accounted for: Costs assigned to units transferred out: Prior department costs Materials Labor Manufacturing overhead Total costs of units transferred out Costs assigned to ending WIP inventory: Prior department costs Materials Labor Manufacturing overhead Total ending WIP inventory Total costs accounted for Submit your work with calculations Flow of Production Units Units to be accounted for: Beginning WIP inventory Units started this period Total units to be accounted for Units accounted for: Units completed and transferred out: From beginning inventory Costs