Using the Millie Company above, prepare a production report for the assembly department for June using the FIFO method of costing. The report should disclose the physical flow of units, equivalent units, and unit costs and should track the disposition of manufacturing costs. (Carry the unit cost computation to four decimal places.)

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Units to be accounted for Work in process Beginning (60% complete) Started into production 24,000 56,000 Total Units 80,000 Units accounted for Completed and transferred out Work in process, Ending (70% complete) 70,000 10,000 Total Units 80,000 Equivalent Units work added Physical Units Equivalent Units Work in process Beginning Started and completed Work in process Ending 40% 24,000 9,600 100% 46,000 46,000 70% 10,000 80,000 7,000 Total 62,600 ===== ====