Reference no: EM133056619

Question - Lauren, Inc. uses a process costing system. The following data concern the operations of the company's first processing department for a recent month.

Work in process, beginning:

Units in process 400

Stage of completion with respect to materials 90%

Stage of completion with respect to conversion costs 40%

Costs in the beginning inventory:

Materials $756

Conversion costs $4,448

Units started into production during the month 13,000

Costs added to production during the month:

Materials $29,949

Conversion costs $362,127

Work in process, ending:

Units in process 100

Stage of completion with respect to materials 50%

Stage of completion with respect to conversion costs 30%

Required - Prepare a complete production report for the department using the weighted-average method.