Question: Module 3 Written Assessment Savad 75 points 0 References Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses

Module 3 Written Assessment Savad 75 points 0
Module 3 Written Assessment Savad 75 points 0 References Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted-average process costing method to account for costs of production in all three departments. The following information was obtained for the Fabricating Department for the month of September. 'Work in process en September 1 had 15,000 units made up of the following: Degree of Amount Completion Prior department costs transferred in from the Extruding Department $ 78,350 160% Costs added by the Fabricating Department Direct materials 38,500 0% pirect labor 2,808 70% Manufacturing overhead 9,020 35% $ 57,320 Work in process, September 1 135,576 During September, 75,000 units were transferred in from the Extruding Department at a cost of $406,250. The Fabricating Department added the following costs: Direct materials $ 214,200 Direct labor 64,500 Manufacturing overhead 33,989 Total costs added $ 312,980 Fabricating finished 60,000 units and transferred them to the Packaging Department. At September 30, 30,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at September 30 was as follows: Direct materials 100% Direct labor 60 Manufacturing overhead E) Required: a. Prepare a production cost report for September using the weighted-average methed. Note: Round "Cost per equivalent unit" to 2 decimal places. Round your final answers to nearest whole number. Flow of Production Units Units to be accounted for: Beginning WIP inventory L Units started this period Total units 1o be accounted for Units accounted for Units completed and transferred out: From beginning invertory Started and completed currently Total transferred out Uniits in ending WIP inventory T Total units accounted for Costs to be accounted for- Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Prior department costs Materials Labor Manufacturing overhead Costs accounted for: Costs assigned to units transferred out Prior department costs Materials Labor Manufacturing overhead Total costs of units transfemed out Costs assigned to ending WIP inventory: Prior department costs Materials Labor Manufacturing overhead Total ending WIP inventory Total costs accounted for FPrey 10f1 Next Help Save & Exit Submit

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