Question: CarbataCompany manufactures low - cost , basic tool kits in bulk. Below is the latest information for last month's production. Use the information above to

CarbataCompany manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production.
Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption.
Step 1: Account for all Units
Step 2: Compute the Equivalent Units of Production Step 3: Compute the Cost per Equivalent Unit of Production
\begin{tabular}{|l|l|l|}
\hline & Materials & Conversion \\
\hline Beginning Inventory Cost & & \\
\hline Costs Added & & \\
\hline Total Cost to Account for & & \\
\hline & & \\
\hline Total Equivalent Units of Production & & \\
\hline Cost Per Equivalent Unit & & \\
\hline Total Cost per Equivalent Unit & & \\
\hline
\end{tabular}
Step 4: Reconciling Costs
\begin{tabular}{|l|l|l|l|}
\hline & Materials & Conversion & Total \\
\hline Beginning Inventory Costs & & & \\
\hline Costs Added & & & \\
\hline Total Cost to Account for & & & \\
\hline Cost of Units Completed and Transferred & & & \\
\hline Cost of Units in Ending Inventory & & & \\
\hline Total Cost to Account for & & & \\
\hline
\end{tabular}
CarbataCompany manufactures low - cost , basic

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