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Trout, Inc. prepared the following production report: Required: Fill in the missing amounts. (Round your "Cost per Equivalent Unit" answers to 2 decimal places.)

Trout, Inc. prepared the following production report: Required Fill in the missing amounts. (Round your "Cost per Equivalent Unit" answers to 2 decima TROUT, INC. Process Costing Production Report (Weighted Average Method) UNITS Step1: Physical Units Units to be Accounted for Beginning Work in Process Started into Production 3,200 4,800 8,000 Total Units Step 2 Equivalent Units Units Accounted for as Follows 4,800 3,200 8,000 MaterialsConversion 4,800 2,240 7,040 4,800 3,200 8,000 Completed and Transferred Ending Work in Process Total Units COSTS Step 3: Cost per Equivalent Unit Materials Conversion Total Cost Cost of Beginning Inventory $ 18,900$13,400 32,300 Current Period Costs Total Cost of Units in Process Equivalent Units Cost per Equivalent Unit 157,100 254,120 411,220 $ 176,000 $ 267,520$ 443,520 8,000 7,040 22.00 38.00 COSTS Step 3: Cost per Equivalent Unit Materials Conversion Total Cost Cost of Beginning Inventory $ 18,900S 13,400S 32,300 254,120 Current Period Costs Total Cost of Units in Process Equivalent Units Cost per Equivalent Unit 157,100 411,220 $ 176,000 S 267,520S 443,520 8,000 7,040 $ 22.00 S38.00 Step 4: Reconcile Work in Process Materials Conversion Total Cost $ 18,900 S 13,400 S 32,300 Cost to be Accounted for Beginning Work in Process Current Period Costs 254,120 176,000 S 267,520S 443,520 157,100 411,220 Total Costs Cost Accounted for as Follows Units Completed and S 182,400 Transferred Ending Inventory 85,120 $ 176,000 S 267,520S 443,520 Additional information: Trout adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period. Work in Process inventory was 70% complete

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