Question

Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in three separate departments: Molding, Assembling, and Packaging. The following information was obtained for the Assembling Department for the month of April.

 

Work in process on April 1 had 102,000 units made up of the following.

 

	Amount			Degree of Completion
Prior department costs transferred in from the Molding Department	$	133,620			100	%
Costs added by the Assembling Department
Direct materials	$	76,500			100	%
Direct labor		31,264			70	%
Manufacturing overhead		23,734			50	%
	$	131,498
Work in process, April 1	$	265,118

 

During April, 502,000 units were transferred in from the Molding Department at a cost of $657,620. The Assembling Department added the following costs.

 

Direct materials	$	361,350
Direct labor		137,816
Manufacturing overhead		118,076
Total costs added	$	617,242

 

Assembling finished 402,000 units and transferred them to the Packaging Department.

 

At April 30, 202,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as follows.

 

Direct materials	90	%
Direct labor	80
Manufacturing overhead	35

 

Required:

a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.)