Current Attempt in Progress Building a kayak using the composite method is a very labor-intensive process. In the Fabrication Department, the kayaks go through several steps as employees carefully place layers of Kevlar in a mold and then use resin to fuse together the layers. The excess resin is removed with a vacuum process, and the upper shell and lower shell are removed from the molds and assembled. The seat, hatch, and other components are added in the Finishing Department. At the beginning of April, Current Designs had 32 kayaks in process in the Fabrication Department. Rick Thrune, the production manager, estimated that about 80% of the materials costs had been added to these boats, which were about 50% complete with respect to the conversion costs. The cost of this inventory had been calculated to be $8,510 in materials and $9,110 in conversion costs. During April, 69 boats were started into production. At the end of the month, the 30 kayaks in the ending inventory were 20% complete as to materials and 40% complete as to conversion costs. Areview of the accounting records for April showed that materials with a cost of $16,130 had been requisitioned by the Fabrication Department and that the conversion costs for the month were $41,520 Complete a production cost report for April 2022 for the Fabrication Department using the weighted average method, Direct materials and conversion costs are incurred uniformly throughout the process. Complete a production cost report for April 2022 for the Fabrication Department using the weighted average method. Direct materials and conversion costs are incurred uniformly throughout the process. CURRENT DESIGNS Fabrication Department Production Cost Report Equivalent Units Quantities Physical Units Materials Units to be accounted for Conversion Costs Work in process, April 1 32 Started into production 69 Total units 101 Units accounted for Completed and transferred out 101 101 101 Work in process, April 30 30 6 Total units 12 131 107 103 Costs Material Conversion Costs Materials Conversion Costs Unit.costs Total cost $ $ Equivalent units Unit costs $ Cost Reconciliation Schedule Costs to be accounted for Work in process, April 1 Started into production Total costs s Costs accounted for Completed and transferred out Work in process, April 30 s Materials 5 Conversion costs Chupetomoto -75 III Conversion Costs Materials Total $ $ $ $ $ Home * Chapter Homeco *3 Chapter Home