Question: Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending

Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending inventory is 60% complete. The company uses the weighted-average method. (Click the icon to view the production report.) Data Table X Begin with the equivalent units of production for direct materials and for conversion costs. Lawrence Company Production Cost Report - Finishing Department Month Ended September 30, 2024 Equivalent Units Lawrence Company Production Cost Report - Finishing Department Month Ended September 30, 2024 Equivalent Units Physical Direct Conversion Units Materials Costs Direct Physical Units Conversion Costs UNITS Materials Units to account for: UNITS Beginning work-in-process Units to account for: 700 1,600 Started in production Beginning work-in-process 700 1,600 Total units to account for Started in production (a) Total units to account for Units accounted for: Completed and transferred out 700 Units accounted for Completed and transferred out Ending work-in-process (0) 700 Total units accounted for (e) Ending work-in-process (0) (C) Total units accounted for Direct Conversion Total COSTS Materials Costs Costs Costs to account for: $ 2,510 Beginning work-in-process Costs added during period Total costs to account for 1,400 13,780 7,273 23,563 8,383 (n) Divided by: Total EUP (m) (0) (p) Cost per equivalent unit Costs accounted for: Completed and transferred out (a (0) (8) Ending work-in-process Total costs accounted for 23,563 Enter any number in the edit fields and then click Check
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