Weighted Average Method, Single Department Analysis, Uniform Costs

Hatch Company produces a product that passes through three processes: Fabrication, Assembly, and Finishing. All manufacturing costs are added uniformly for all processes. The following information was obtained for the Fabrication Department for June:

1. Work in process, June 1, had 90,000 units (40 percent completed) and the following costs:

   Direct materials	$72,720
   Direct labor	108,000
   Overhead	36,000

2. During the month of June, 180,000 units were completed and transferred to the Assembly Department, and the following costs were added to production:

   Direct materials	$216,000
   Direct labor	144,000
   Overhead	162,000

3. On June 30, there were 45,000 partially completed units in process. These units were 80 percent complete.

Required:

Prepare a cost of production report for the Fabrication Department for June 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. Round the cost per equivalent unit to the nearest cent.

Hatch Company
Fabrication Department
Production Report for June
Unit Information
Units to account for:
Units, beginning work in processUnits completedUnits, ending work in process		- Select -
Units completedUnits, ending work in processUnits started		- Select -
Units to account for		fill in the blank 5
Units accounted for:
	Physical Flow	Equivalent Units
Units, beginning work in processUnits completedUnits started	- Select -	- Select -
Units, beginning work in processUnits, ending work in processUnits startedUnits to account for	- Select -	- Select -
Total units accounted for	fill in the blank 12	fill in the blank 13
Cost Information
Costs to account for:
		Manufacturing Costs
Costs, beginning work in processCosts, ending work in processTotal costs accounted for		$- Select -
Costs added by departmentCosts, ending work in processTotal costs accounted for		- Select -
Total costs to account for		$fill in the blank 18
Cost per equivalent unit		$fill in the blank 19
Costs accounted for:
Units completed		$fill in the blank 20
Units, ending work in process		fill in the blank 21
Total costs accounted for		$fill in the blank 22