Salish Craft Beers provides the following information for the Malting Department for the month of August 2018:

Requirements

Complete a production cost report for the Malting Department for the month of August 2018 to determine the cost of the units completed and transferred out, and the cost of the ending Work-in-Process Inventory. Assume Salish Craft Beers uses the weighted average method.  

Transcribed Image Text:

Beginning Work-in-Process Inventory Started in Production in August Total to Account For Completed and Transferred to Packaging Department during August Ending Work-in-Process Inventory (30% complete for direct materials and 60% complete for conversion work) Total Accounted For * Includes $18,000 direct materials and $36,000 conversion costs UNITS 0 26,000 26,000 21,000 5,000 26,000 COSTS $0 54,000* $ 54,000 ? ? $ 54,000