Problem $8-59($Algo$)$ Prepare a Production Cost Report: Weighted$-$Average Method $($LO $8-3,4)$

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 on September $1$ had $15,000$ units made up of the following:

Prior department costs transferred in from the

Extruding Department

Costs added by the Fabricating Department

Direct materials

Direct labor

Manufacturing overhead

Work in process, September $1$

During September, $75,000$ units were transferred in from the Extruding Department at a cost of $$486,250.$ The Fabricating Department added the following costs:

$\backslash$table$[[$Direct materials,$$214,200$

Flow of Production UnitsUnits to be accounted for.Beginning WIP inventoryUnits started this periodTotal units to be accounted forUnits accounted forUnits completed and transferred outFrom beginning inventoryStarted and completed currentlyTotal transferred outUnits in ending WIP inventoryTotal units accounted forCosts to be accounted for:Costs in beginning WIP inventoryCurent period costsTotal costs to be accounted for$|$ Cost per equivalent unitPrior department costsMaterialsLaborManufacturing overheadCosts accounted for:Costs assigned to units transferred outPrior department costsMaterialsLaborManufacturing overheadTotal costs of units transterred outCosts assigned to ending WIP inventoryPrior department costsMaterialsLaborManufacturing overheadTotal ending WIP inventoryTotal costs accounted forPhysical Units$15,00075,00090,00015,00045,00060\mathrm{.}00030,000|90,000|$Total Costs$145,170313,780458,950650,750299,20075,40044,600$s $1\mathrm{.}069,950$S$1\mathrm{.}069\mathrm{.}950$PIIOEDepartmentCosts$0$Materials$0$o sLabor$00$ $ManufacturingOverhead$0$