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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
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 107,000 units made up of the following. Amount Degree of Completion $145,520 100% Prior department costs transferred in from the Molding Department Costs added by the Assembling Department Direct materials Direct labor Manufacturing overhead $ 96,300 36,169 19,012 $151,481 $297, 001 100% 70% 50% work in process, April 1 During April, 507.000 units were transferred in from the Molding Department at a cost of $689,520. The Assembling Department added the following costs. Direct materials Direct labor Manufacturing overhead Total costs added $437,670 164,241 74,888 $676,719 Assembling finished 407,000 units and transferred them to the Packaging Department. At April 30. 207.000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as follows 98% Direct materials Direct Labor Manufacturing overhead Required: a. Prepare a production cost report using the weighted average method. (Round "Cost per equivalent unit" to 2 decimal places.) KANSAS SUPPLIES
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