Your answer is partially correct. Try again. Building a kayak using the composite method is a very labor-intensive process. In the Fabrication Department, the kayaks go through several steps as employees carefully place layers of Kevlar in a mold and then use resin to fuse together the layers. The excess resin is removed with a vacuum process, and the upper shell and lower shell are removed from the molds and assembled. The seat, hatch, and other components are added in the Finishing Department. At the beginning of April, Current Designs had 32 kayaks in process in the Fabrication Department. Rick Thrune, the production manager, estimated that about 80% of the materials costs had been added to these boats, which were about 50% complete with respect to the conversion costs. The cost of this inventory had been calculated to be $8,820 in materials and $8,620 in conversion costs. During April, 78 boats were started. At the end of the month, the 35 kayaks in the ending inventory had 20% of the materials and 40% of the conversion costs already added to them. A review of the accounting records for April showed that materials with a cost of $18,240 had been requisitioned by the Fabrication Department and that the conversion costs for the month were $42,110. Complete a production cost report for April 2020 for the Fabrication Department using the weighted average method. CURRENT DESIGNS Fabrication Department Production Cost Report For the Month Ended April 30, 2020 Equivalent Units Physical Units Materials Conversion Costs Total Quantities Units to be accounted for Work in process, April 1 Started into production Units to be accounted for Work in process, April 1 Started into production Total units Units accounted for Transferred out Work in process, April 30 Total units Costs Materials Conversion Costs Total Unit costs Total cost 27060 50730 77790 Equivalent units Unit costs 330 570 900 Costs to be accounted for Work in process, April 1 Started into production Costs to be accounted for Work in process, April 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, April 30 Materials Conversion costs Total costs Click If you would like to Show Work for this question: Open Show Work