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Weighted Average Method, Single - Department AnalysisMillie Company produces a product that passes through an assembly process and a finishing process. All manufacturing costs are

Weighted Average Method, Single-Department AnalysisMillie Company produces a product that passes through an assembly process and a finishing process. All manufacturing costs are added uniformly for both processes. The following information was obtained for the assembly department for June:a. WIP, June 1, had 24,000 units (60% completed) and the following costs:Direct materials$186,256Direct labor64,864Overhead applied34,400b. During June, 70,000 units were completed and transferred to the finishing department, and the following costs were added to production:Direct materials$267,880Direct labor253,000Overhead applied117,600c. On June 30, there were 10,000 partially completed units in process. These units were 70% complete.Required:Prepare a production report for the assembly department for June using the weighted average method of costing. The report should disclose the physical flow of units, equivalent units, and unit costs and should track the disposition of manufacturing costs.Millie CompanyAssembly Department Production ReportFor the Month of June (Weighted Average Method)Unit InformationUnits to account for:Number of UnitsUnits in beginning WIPfill in the blank 1Units startedfill in the blank 2Total units to account forfill in the blank 3Units accounted for:UnitsUnits completedfill in the blank 4Units in ending WIPfill in the blank 5Total units accounted forfill in the blank 6Equivalent units:UnitsUnits completedfill in the blank 7Units in ending WIPfill in the blank 8Total equivalent unitsfill in the blank 9Cost InformationCosts to account for:DollarsCosts in beginning WIP$fill in the blank 10Costs added by departmentfill in the blank 11Total costs to account for$fill in the blank 12Cost per equivalent unit$fill in the blank 13Costs accounted for:Goods transferred out$fill in the blank 14Ending WIPfill in the blank 15Total costs accounted for$fill in the blank 16

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