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CoursHeroTranscribedText: Kansas Supplies is a manufacturer of plastic parts that uses the weightedaverage 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 118,000 units made up ofthe following. Degree of Amunt Culpletion Prior department costs transferred in from the Molding Department $173, 4-66 163% Costs added by the Assembling Department Direct materials $186,206 100% Direct labor 51,496 76% Manufacturing overhead 26,406 56% $134,102 l.vlork in process, April 1 $357552 During April, 518,000 units were transferred in from the Molding Department at a cost of $?61,460. The Assembling Department added the following costs. Direct materials $446, 580 Direct labor 244,764 Manufacturing overhead 121,884 Total costs added $813,155 Assembling finished 418,000 units and transferred them to the Packaging Department. At April 30, 218,000 units were still in workinprocess inventory. The degree of completion of workinprocess inventory at April 30 was as follows. Direct materials 96% Direct labor 80 Manufacturing overhead 35 Required: 1:. Prepare a production cost report using FIFO. [Round "Cost per equivalent unit" to 2 decimal places} Assembling Department Production Cost Report-FIFO Prior Physical Units | Total Costs Department Materials Labor Manufacturing Overhead Costs Flow of Production Units Units to be accounted for: Beginning WIP inventory Units started this period Total units to be accounted for 0 Units accounted for: Units completed and transferred out: From beginning inventory Started and completed currently Units in ending WIP inventory Total units accounted for 0 0 0 Costs to be accounted for: Costs in beginning WIP inventory Current period costs Total costs to be accounted for $ 0 $ 0 $ 0 $ 0 $ Cost per equivalent unit: Prior department costs Materials Labor Manufacturing overhead Costs accounted for: Costs assigned to units transferred out: Costs from beginning WIP inventory Current costs added to complete beginning WIP inventory: Prior department costs MaterialsLabor Manufacturing overhead Total costs from beginning inventory Current costs of units started and completed: Prior department costs M aterials Labor Manufacturing overhead Total costs of units started and completed Total costs of units transferred out Costs assigned to ending WIP inventory: Prior department costs M aterials Labor Manufacturing overhead Total ending 1NIP inventory Total costs accounted for

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