Exercise $8-51($Static$)$ Prepare a Production Cost Report: Weighted$-$Average Method $($LO $8-2,4)$

Beverly Plastics produces a part used In precision machining. The part is produced in two departments: MixIng and Refining. The raw materlal is introduced Into the process in the Mixing Department. The cost of the materlal fluctuates significantly month to month based on market conditions. Information on costs and operations in the Refining Department for September follow:

$\backslash$table$[[$WIP inventory$-$Refining,$],[$Beginning inventory,$],[$ units, $10\%$ complete with respect to Refining costs$),237,055],[$Transferred$-$in costs $($from Mixing$),9,676],[$Refining conversion costs,$$898,625$