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Additional information: Trout adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period, Work in Process Inventory was 70% complete.

TROUT, INC Process Costing Production Report (Weighted Average Method) UNITS Step 1 Physical Units Units to be Accounted for Beginning Work in Process 3,200 Started into Production Total Units 8,100 Step 2 Equivalent Units Materials Conversion Units Accounted for as Follows Completed and Transferred Ending Work in Process 4,700 Total Units 8,100 COSTS Step 3: Cost per Equivalent Unit Materials Conversion Total Cost S 15,800$12,400 S 28,200 Cost of Beginning Inventory Current Period Costs Total Cost of Units in Process Equivalent Units Cost per Equivalent Unit 186,700 207,080 393,780 $ 202,500$ 219,480 S 421,980 Step 4: Reconcile Work in Process Materials Conversion Total Cost S 15,800$12,400 S 28,200 Cost to be Accounted for Beginning Work in Process Current Period Costs 186,700 207,080 393,780 Total Costs $ 202,500$ 219,480 S 421,980 Cost Accounted for as Follows Units Completed and Transferred Ending Inventory $ 202,500$ 219,480 S 421,980