Question 34 Building a kayak using the composite method is a very labour-intensive process. in the fabrication department, the kayaks go threugh several steps as employees carefully place leyers ef Keviar's ih a mouid and then use resin use together the layers. The excess resin is removed with a vacuum process, and the upper sheand lewer shel rrenevedpehe role ted meeneid. The seat, hatch, and other components are added in the finishing department At the beginning of Apri, Current Designs had 28 kayaks in process about 50% complete in the fabrication department, department. Rick Thrune, Rick Thune, the production manager, estimated that about 80% of the material costs had been added to these boats, which we. to the conversion costs. The cost of this inventory had been calculated to be $8,380 in materials and $8,780 in conversion 67 boats were started. At the end of the month, the 35 kayaks in the ending inventory had 20% of the materials and 40% of tho converson costs aready added t"en. inventory had A review of the accounting records for April showed thet materials with a cost of $17,750 had been requisitioned by this department and thet the Complete a production cost report for April 2020 for the fabrication department using the weighted-average method. conversion costs for the month were $40,060 CURRENT DESIGNS For the Honth Ended April 30, 2020 Equivalent Units Physical UnitsMaterials Conversion Costs Total Units to be accounted for Work in process, April1 28 Started into production Total units 95 Units accounted for 60 60 Transferred out Work in process, April 30 Total units 60 35 95 Work in process, April 30 35 14 Total units 95 67 74 ts t costs $17,750 67 264.92 Total cost 40,060 $57,810 Equivalent units 74 Unit costs 541.35 806.27 sts to be accounted for Work in process, April 1 22,576 54,020 76,596 Started into production Total costs ost Reconciliation Schedule osts accounted for Transferred out, Work in process, April 30 Materials Conversion costs Total costs