Glass Company manufactures a product through a continuous single-step process.

Glass Company manufactures a product through a continuous single-step process. All materials are added at the beginning of processing. Production and cost
data for the company for the current month are as follows.

Production

Units

In process beginning of month (20% converted)

2000

Started during current month

8000

Completed and transferred to finished goods

5500

In process end of month (60% converted)

4500

Manufacturing Costs

Work in process beginning

-Materials

15000

-Conversion

6450

Production Costs Added

Materials

54000

Direct labor cost

105000

Factory overhead

36150

Required:

Prepare a cost of production report for current month. Use Weighted-Average process costing.