Production Report, Weighted Average

Murray Inc. manufactures bicycle frames in two departments: Cutting and Welding. Murray 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	10,000
Units completed and transferred out	68,000
Units in process, October 31, 60% complete	20,000
Costs:
WIP, October 1	$85,000
Costs added during October	1,422,000

Prepare a production report for the cutting department. Round cost per equivalent unit to the nearest cent. Use this rounded amount for further calculations.

Cutting Department
Production Report
For the Month of October (Weighted Average Method)
Unit Information
Physical flow:
Units in beginning WIP			fill in the blank cceaa5fe9fbcf87_1
Units started			fill in the blank cceaa5fe9fbcf87_2
Total units to account for			fill in the blank cceaa5fe9fbcf87_3
Equivalent units:
Units completed			fill in the blank cceaa5fe9fbcf87_4
Units in ending WIP			fill in the blank cceaa5fe9fbcf87_5
Total units to account for			fill in the blank cceaa5fe9fbcf87_6
Equivalent units:
Units completed			fill in the blank cceaa5fe9fbcf87_7
Units in ending WIP			fill in the blank cceaa5fe9fbcf87_8
Total equivalent units			fill in the blank cceaa5fe9fbcf87_9
Cost Information
Costs to account for:
Beginning WIP			$fill in the blank cceaa5fe9fbcf87_10
Incurred during October			fill in the blank cceaa5fe9fbcf87_11
Total costs to account for			$fill in the blank cceaa5fe9fbcf87_12
Cost per equivalent unit			$fill in the blank cceaa5fe9fbcf87_13
Costs accounted for:
	Transferred Out	Ending Work in Process	Total
Goods transferred out	$fill in the blank cceaa5fe9fbcf87_14	$fill in the blank cceaa5fe9fbcf87_15	$fill in the blank cceaa5fe9fbcf87_16
Goods in ending WIP	fill in the blank cceaa5fe9fbcf87_17	fill in the blank cceaa5fe9fbcf87_18	fill in the blank cceaa5fe9fbcf87_19
Total costs accounted for	$fill in the blank cceaa5fe9fbcf87_20	$fill in the blank cceaa5fe9fbcf87_21	$fill in the blank cceaa5fe9fbcf87_22