Stewart Company produces a product that passes through three processes: fabrication, assembly, and finishing. All manufacturing costs are added uniformly for both processes. The following information was obtained for the assembly department for May 2007:
Activity
Inspection Maintenance Receiving
Rate
$100 per inspection hour $500 per maintenance hour $200 per receiving order
Actual Driver Usage
4,000 inspection hours 1,600 maintenance hours 2,000 receiving orders


Product and Service Costing: A Process Systems Approach 265
a. Work in process, May 1, had 10,000 units (40 percent completed) and the fol- lowing costs:
Direct materials Direct labor Overhead
$12,000 18,000 6,000
b. During the month of May, 30,000 units were completed and transferred to the finishing department, and the following costs were added to production:
Direct materials Direct labor Overhead
$36,000 24,000 18,000
c. On May 30, there were 7,500 partially completed units in process. These units were 80 percent complete.
Required:
Prepare a cost of production report for the assembly department for May using the weighted average method of costing. The report should disclose the physical flow of units, equivalent units, and unit costs and should track the disposition of manufacturing costs.
6-19 FIFO METHOD, SINGLE DEPARTMENT ANALYSIS, ONE

LO3, LO4, LO6
Refer to the data in Problem 6-18. Required:
Prepare a cost of production report for the assembly department for May using the FIFO method of costing.