Reading is Welber Corporation had inventory at June 1 and costs charged to Work in Process Department 60 during June as follows: C Inventory, June 1 (3,800 units, 80% completed) Direct materials, 32,000 units $60,400 368,000 Direct labor 244,000 Factory overhead applied 188,000 Total 5860,400 During June, 32,000 units were placed into production and 311200 units were completed and transferred to finished goods, including the Inventory on June 1. On June 30, the inventory of work in process consisted of 4.800 units that were 40% completed Inventories are custod by the average cost method, and all materials are added at the beginning of the process Prepare a cost of production report for Department 60 for June using the average cost method Hound cost per unit answers to four decimal places, if necessary. Round equivalent units and total cost to the nearest whole number Welber Corporation Cost of Production Report-Department 60 For the Month Ended June 30 Equivalent Units of Whole Units Production UNITS units to account for during production Inventory in orocess June Received from Dept. 59 Prepare a cost of production report for Department 60 for June, using the average cost method. Round cost per unit answers to four decimal places, if necessary. Round equivalent units and total cost to the nearest whole number. Welber Corporation Cost of Production Report Department 60 For the Month Ended June 30 Equivalent Units of UNITS Whole Units Production Units to account for during production: Inventory in process. June 1 Received from Dept. 59 In Total units accounted for by Dept. 60 Units to be assigned costs Transferred to finished goods in June Inventory in process, June 30 (405 completed Total units to be assigned costs COSTS Costs Follo digte Inventory in process, June 30 (40% completed) Total units to be assigned costs Costs COSTS Cost per equivalent unit: Total costs for Toy In Dept 51 Total equivalent units Cost or equivalent unit Costs assigned to production Inventory in process June 1 Direct materials, direct tabec and tictory over incurred in June Total costs accounted for by Det 63 a bho ho Couscated to completed and Barbully completed its Transferred to finished goods in ne Inventory in recensure 30 round the down to the Total costed by Desto