Debroux Company produces a product that passes through an assembly process and a finishing process. All manufacturing costs are added uniformly for both processes. The following information was obtained for the Assembly Department for February:
a. Work in process, February 1, had 12,000 units (60 percent complete) and the following costs:
|
Direct materials
|
$93,128
|
|
Direct labor
|
32,432
|
|
Overhead applied
|
17,200
|
b. During February, a total of 34,600 units were completed and transferred to the Finishing Department, and the following costs were added to production:
|
Direct materials
|
$133,760
|
|
Direct labor
|
140,640
|
|
Overhead applied
|
58,752
|
c. On February 28, there were 5,400 partially completed units in process. These units were 70 percent complete.
Required
Prepare a production report for the Assembly Department for February using the weighted average 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.