Production Report, Weighted Average

Aoyagi Inc. manufactures precision tools in two departments: molding and finishing. Aoyagi uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the molding department for June:

Production:

Units in process, June $1,50\%$ complete

Units completed and transferred out

Units in process, June $30,60\%$ complete

Costs:

WIP, June $1$

$37,500$

Costs added during June

$255,000$

$75,000$

Required:

Prepare a production report for the molding department. If an amount box does not require an entry, leave it blank or enter $"0".$

Aoyagi Inc.

Molding Department Production Report

For the Month of June $($Weighted Average Method$)$