Steps for a Production Report Recently, Stillwater Designs expanded its market by becoming an original equipment supplier to Jeep Wrangler. Stillwater Designs produces factory upgraded speakers specifically for Jeep Wrangler. The Kicker components and speaker cabinets are outsourced with assembly remaining in house. Stillwater Designs assembles the product by placing the speakers and other components in cabinets that define an audio package upgrade and that can be placed into the Jeep Wrangler, producing the desired factory-installed appearance. Speaker cabinets and associated Kicker components are added at the beginning of the assembly process. Assume that Stillwater Designs uses the weighted average method to cost out the audio package. The following are cost and production data for the assembly process for April: Production: Units in process, April 1, 60% complete 60,000 Units completed and transferred out 150,000 Units in process, April 30, 20% complete 30,000 Costs: WIP, April 1: Cabinets $1,200,000 Kicker components 12,600,000 Conversion costs 5,400,000 Costs added during April: Cabinets $2,400,000 Kicker components 25,200,000 Conversion costs 8,640,000 Transferred Out Ending Work in Total Process 48,000,000 $ 7,440,000 X $ 55,440,000 X Goods transferred out Goods in ending WIP Cabinets Components Conversion Total costs accounted for