WEEK FIVE: CHAPTER EIGHT HO... i Saved Help Save & Exit Submit 3 Check my work 3 2 Exercise 8-43 (Algo) Prepare a Production Cost Report: Weighted- Average Method (LO 8-2, 4) 25 points Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). eBook Print WIP inventory-Finishing Beginning inventory (10,600 units, 20% complete with respect to Finishing costs) Transferred-in costs (from Mixing) Finishing conversion costs Current work (99, 200 units started) Mixing costs Finishing costs $ 121,600 4,554 o 932,480 468,464 References The ending inventory has 14,600 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs. Required: Complete the production cost report using the weighted average method. (Round "Cost per equivalent unit" to 2 decimal places.) WEEK FIVE: CHAPTER EIGHT HOMEWORK 0 2 Physical Units Equivalent Units Mixing Finishing Department Department 25 points eBook Flow of units: Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for: Completed and transferred out Units in ending inventory Mixing Finishing Total units accounted for Print References Total Mixing Department Finishing Department Flow of costs: Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Mixing Finishing Costs accounted for: Costs assigned to units transferred out Costs of ending WIP inventory Total costs accounted for