Exercise 8-50 (Static) Prepare a Production Cost Report: Weighted-Average Method (LO 8-2, 3, 4, 6) Terminal Industries (Ti) produces a product using three departments: Mixing. Processing, and Filtering. New material is added only in the Mixing Department. The following information is given for the Processing Department for August. Ti uses process costing. Required: a. Complete the production cost report for August using the weighted-average method. Note: Round "Cost per equivalent unit" to 2 decimal places. \begin{tabular}{|c|c|c|c|} \hline & & Equivale & int Units \\ \hline & Physical Units & \begin{tabular}{c} Mixing \\ Department \end{tabular} & \begin{tabular}{l} Processing \\ Department \end{tabular} \\ \hline Flow of units: & & & \\ \hline Units to be accounted for: & & & \\ \hline Beginning WIP inventory & & & \\ \hline Units started this period & & & \\ \hline Total units to account for & 0 & & \\ \hline Units accounted for: & & & \\ \hline Completed and transferred out & & & \\ \hline Units in ending inventory & & & \\ \hline Mixing & & & \\ \hline Processing & & & \\ \hline Total units accounted for & 0 & 0 & 0 \\ \hline & Total & \begin{tabular}{c} Mixing \\ Department \end{tabular} & \begin{tabular}{l} Processing \\ Department \end{tabular} \\ \hline Flow of costs: & & + & \\ \hline Costs to be accounted for: & & - & \\ \hline Costs in beginning WIP inventory & & & 7 \\ \hline Current period costs & & & \\ \hline Total costs to be accounted for & 0 & 0 & 0 \\ \hline Cost per equivalent unit & & & \\ \hline Mixing & & & \\ \hline Processing & 4 & & p \\ \hline Costs accounted for: & & & \\ \hline Costs assigned to units transferred out & & & \\ \hline Costs of ending WIP inventory & & & \\ \hline Total costs accounted for: & 0 & 0 & 0 \\ \hline \end{tabular}