Wednesday, 30 October 2019

Lansing, Inc. provides the following information for one of its department's operations for

Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T).
WIP inventory-Department T
Beginning inventory ((8,300 units, 20% complete with respect to Department T costs)
Transferred-in costs (from Department S) $37,100
Department T conversion costs $9,842
Current work (19,100 units started)
Prior department costs $91,680
Department T costs $183,150
The ending inventory has 3,300 units, which are 60 percent complete with respect to Department T costs and 100 percent complete for prior department costs.
Required:
a. Complete the production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places.)

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