Toronto Titanium Corporation manufactures a highly specialized titanium sheathing material that is used extensively in the aircraft industry. The following data have been compiled for the month of June. Conversion activity occurs uniformly throughout the production process.

Work in process, June 1 .. 40,000 units

Direct material: 80% complete, cost of ..............................................................................$110,500

Conversion: 38% complete, cost of ...............................................................................................22,375

Balance in work in process, June 1 ............................................................................................... $132,875

Units started during June ..............................................................................................................190,000

Units completed during June and transferred out to finished-goods inventory ............................... 180,000

Work in process, June 30:

Direct material: 75% complete

Conversion: 55% complete

Costs incurred during June:

Direct material ............................................................................................................................... $430,000

Conversion costs:

Direct labor .................................................................................................................................... $128,000

Applied manufacturing overhead ..................................................................................................... 192,000

Total conversion costs ..................................................................................................................... $320,000

Requirements: Using the weighted-average method of process costing, prepare the production report for the month of June including the following information:

1. Analysis of total costs