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.)

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