Question: Exercise 8-51 (Algo) Prepare a Production Cost Report: Weighted-Average Method (LO 8-2, 4) Beveriy Plastics produces a part used in precision machining. The part is


Exercise 8-51 (Algo) Prepare a Production Cost Report: Weighted-Average Method (LO 8-2, 4) Beveriy Plastics produces a part used in precision machining. The part is produced in two departments: Mixing and Refining. The raw material is introduced into the process in the Mixing Department. The cost of the material fluctuates significantiy month to month based on market conditions. Information on costs and operations in the Refining Department for September follow: The ending inventory has 15,100 units, which are 90 percent complete with respect to Refining Department costs Required: Complete the production cost report using the weighted-average method. Note: Round "Cost per equivalent unit" to 2 decimal places. Refining
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