Question: LLO 6-2, 6-3, 6-4) Required 1. Complete the production cost report for the month of November. 2. /GWI is scheduled to start another batch of

LLO 6-2, 6-3, 6-4) Required 1. Complete the production cost report for the month of November. 2. /GWI is scheduled to start another batch of 1,500 carts for reconditioning in December. Comment on the information the cost report contains regarding planning for December's work. 6.43 Weighted Average Method Alvis Construction Supply Company has a department that manu factures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February: Work-in-Process Inventory, February 1 4,000 trusses Direct materials: 100% complete $10,480 Conversion: 20% complete $15,258 Units started during February 18,000 trusses Units completed during February and transferred out 17,000 trusses Work-in-Process Inventory, February 29 Direct materials: 100% complete Conversion cost: 40% complete Costs incurred during February Direct materials $ 59,040 Conversion $ 92,092 Required Using the weighted average method, calculate the following: 1. a. Costs per equivalent unit. b. Cost of goods completed and transferred out. c. Costs remaining in the Work-in-Process Inventory account
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