Lansing, Inc. provides the following information for one of itsdepartment’s operations for June (no new material is added inDepartment T):
| | |
| WIP inventory—Department T | | |
| Beginning inventory ((8,600 units, 20% complete with respect toDepartment T costs) | | |
| Transferred-in costs (from Department S) | $ | 41,030 |
| Department T conversion costs | | 11,110 |
| Current work (19,700 units started) | | |
| Prior department costs | | 100,470 |
| Department T costs | | 198,240 |
|
The ending inventory has 3,600 units, which are 50 percentcomplete with respect to Department T costs and 100 percentcomplete for prior department costs.
Required:
a. Complete the production cost report usingthe weighted-average method. (Round "Cost per equivalentunit" to 2 decimal places.)
