Question: Show me the steps to solve WeIgnted Average Process Costing Assume that JIF, which is part of The J . M . Smucker Company, processes

Show me the steps to solve WeIgnted Average Process Costing
Assume that JIF, which is part of The J.M. Smucker Company, processes its only product, 12-ounce jars of peanut butter, in a single process and uses weighted average process costing to account for inventory costs. All materials are added at the beginning of production. Assume the following inventory, production, and cost data are provided for September:
\table[[Production data,],[Beginning inventory (25% converted),240,000,units],[Units started,720,000,units],[Ending inventory (75% converted),270,000,units]]
\table[[Manufacturing costs],[Beginning inventory in process,],[Materials cost,$218,400],[Conversion cost,53,520],[Raw materials cost added at beginning of process,693,600],[Direct labor cost incurred,482,280],[Manufacturing overhead applied,535,200]]
Required
a. Prepare a cost of production report for September.
Note: Do not use a negative sign with any of your answers.
\table[[JIF PEANUT BUTTER],[Cost of Production Report For the Month of September],[Summary of units in process:,,,],[Beginning,0,,],[Units started,0,,],[In process,0,,],[Completed,0,,],[Ending,0,,],[,Materials,Conversion,Total],[Equivalent units in process:,,,],[Units completed,0,0,],[Equivalent units in ending inventory,0,0,],[Equivalent units in process,0,0,],[Total cost to be accounted for and cost per equivalent unit in process:,,,],[Beginning work-in-process,$ 0,$ 0,$ 0],[Current cost,0,0,0],[Total cost in process,$ 0,$ 0,$ 0],[Equivalent units in process,0,0,],[Cost per equivalent unit in process,$ 0,$ 0,$ 0],[Accounting for total costs:,,,],[Transferred out,,,$ ,0],[Ending work-in-process:,,,],[Materials,,$0,],[Conversion,,0,0],[Total cost accounted for,,,$0]]
 Show me the steps to solve WeIgnted Average Process Costing Assume

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