Cubbies Manufacturing Co. has three departments and uses the process cost system of accounting. A portion of the departmental cost work sheet prepared by the cost accountant at the end of July is reproduced below.

Required:
Prepare a cost of production summary for each department. (Round unit costs to three decimalplaces.)

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Cubbies Manufacturing Co. Departmental Cost Work Sheet For the Month Ended July 31, 2011 Units Cost per unit Units received in transferred charged to credited to Amount Amount Analysis Cutting: transferred department or on hand department department Started in process... Costs for month: 6,600 Materials.... Labor Factory overhead 530,000 16,000 14,000 Completed and transferred to Shaping$10.00 Closing inventory in process 5,400 $54,000 (1/2 completed) 1,200 6,000 Total .. $60,000 S60,000 Shaping: Received during month from Cutting. Costs added during month: 5,400 $54,000 0.25 1.25 1.00 Completed and transferred to Finishing$12.50 Materials.... Labor . Factory overhead 1,200 6,000 4,800 4,400 $55,000 Closing inventory in process 1,000 11,000 (2/5 completed) Total .. S66,000 Finishing: Received during month from Shaping Costs added during month: 4,400 $55,000 Materials Labor Factory overhead 6,300 4,200 6,300 . 1.50 1.00 1.50 Completed and transferred to stock $16.50 4,000 $66,000 Closing inventory in process 5,800 $71,800 400 (1/2 completed) Total 4,400 4,400 $71,800