Reference no: EM132520400
Washburn Inc. manufactures precision tools in two departments: molding and finishing. Washburn uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the molding department for June:
Production:
Units in process, June 1, 50% complete 15,000
Units completed and transferred out 102,000
Units in process, June 30, 60% complete 30,000
Costs: WIP, June 1$ 180,000
Costs added during June 3,420,000
Question 1: What does a production report for the molding department look like?