REQUIREMENT: Make a production cost report for June for the Blending Department. (Round "Cost per equivalent unit" to 2 decimal places.)

Eire Products is a specialty lubricants company. The Lake Plant produces a single product in three departments: Filtering, Blending, and Packaging. Additional materials are added in the Blending Process when units are 50 to 55 percent complete with respect to conversion. Information for operations in June in the Blending process appear as follows. Work in process on June 1 consisted of 9,000 barrels with the following costs. Amount $ 10,540 Degree of Completion 100% Filtering costs transferred in Costs added in Blending Direct materials Conversion costs 30% $ 18,335 $ 18,335 $ 28,875 Work in process June 1 During June, 116,000 barrels were transferred in from Filtering at a cost of $151,960. The following costs were added in Blending in June. Direct materials Conversion costs Total costs added $387,500 538,265 $925, 765 Blending finished 115,000 barrels in June and transferred them to Packaging. At the end of June, there were 10,000 barrels in work in process inventory. The units were 60 percent complete with respect to conversion costs. The Blending Department uses the FIFO method of process costing. The Filtering Department at Eire uses the weighted-average method of process costing. The cost analyst in Blending has learned that if the Filtering Department at Eire had used the FIFO method, the amount of costs transferred in from Filtering would have been $11,700 in the beginning work in process and $150,800 for the amount transferred in this month. EIRE PRODUCTS Blending Department Production Cost Report-FIFO Physical units Total Costs Prior Department Material Conversion Cacts Flow of Productions Units to be accounted for Beginning WIP inventory Units started this period Total units to be accounted for Units accounted for Units completed and transferred out From beginning inventory Started and completed current Unitsin ending WP inventory Total units accounted for Costs to be accounted for Costs in beginning WP inventory Current period costs Total costs to be accounted for 0 5 5 05 0 Cost per equivalent unit Prior department costs Materials Conversion Coats accounted for Costs assigned to units transferred out: Cost from beginning WP inventory Current costs added to complete beginning WP inventory Prior department costs Mataras Conversion Total from beginning inventory Current costs of units started and completed Prilor department costs Metals Conversion Total costs of units started and completed Total costs of units transformed out Costs assigned to ending WP nventory Prior department costs Motors Conversion Total ending WPnventory Total costs accounted for o $ OS 0