pter 20 ning Objectives 2,3 E20-25 Preparing production cost report, missing amounts Complete the missing amounts in the following production report. Materialk at the beginning of the process; conversion costs are incurred evenly the cre added inventory is 60% complete. The company uses the weighted average method. (p) $3.70 NATHAN COMPANY Production Cost Report-FINISHING DEPARTMENT Month Ended September 30, 2018 Equivalent Units Direct Conversion Physical Units Materials Costs UNITS Units to account for Beginning work-in-process Started in production 500 2,200 Total units to account for Units accounted for Completed and transferred out Ending work-in-process 500 Total units accounted for Direct Materials Conversion Costs Total Costs COSTS Costs to account for Beginning work-in-process $ 1,200 12,030 C) 8,310 9,250 $ 2,140 Costs added during period Total costs to account for Divided by: Total EUP Cost per equivalent unit 22,480 Costs accounted for Completed and transferred out Ending work-in-process Total costs accounted for 5 22,480