Production Report, Weighted Average Manger Inc., manufactures bicycle frames in two departments: cutting and welding, Manzer uses the weighted average method Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the cutting department for October Production: Units in process, October 1, 40% complete 5,200 Units completed and transferred out 35,360 Units in process, October 31, 60% complete 10,400 Costs: WIP, October 1 5 41,600 Costs added during October 790,400 Required: Prepare a production report for the cutting department. Round cost per equivalent unit to the nearest cent. Use this rounded amount for further calculations. If an amount box does not require an entry, leave it blank or enter "o". Manzer Inc Cutting Department Production Report For the Month of October (Weighted Average Method) Unit Information Physical now Units in beginning WIP Units started In Total units to account for Equivalent units Equivalent units: Units completed Units in ending WIP Total units accounted for: Equivalent units: Units completed Units in ending WIP Total equivalent units 100 100 DOO Cost Information Costs to account for: Beginning WIP Incurred during October Total costs to account for Cost per equivalent unit Costs accounted for: Transferred Out Ending Work in Process Total Goods transferred out Goods in ending WIP Total costs accounted for