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: a. 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 b. 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 c. On June 30, there were 45,000 partially completed units in process. These units were 80 percent complete Requiredi 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 tow 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! in work in oroCOS 90.00 Units to account for: Units, beginning work in process Units completed X 90,000 145,000 X 235,000 x Units to account for Units accounted for: Physical Flow 90,000 X X Units, beginning work in process Units, ending work in process Equivalent Units 54,000 X 100,000 x 36,000 X 100,000 X Total units accounted for 45,000 x Cost Information Costs to account for: Manufacturing Costs Costs, beginning work in process Costs added by department Total costs to account for Cost per equivalent unit Costs accounted for: Units completed Units, ending work in process E Total costs accounted for Check My Work 2 more Check My Work uses remaining