LA Chemical Company manufactures a pharmaceutical chemical. All materials are put into process at the beginning of production. On April 1, 2019, 2,000 pounds of the product were in process in the first department. During the month of April, 48,000 pounds were put into production. On April 30, 3,000 pounds were still in production. The ending inventory is estimated to be complete as to materials and 60 percent complete as to labor and overhead. Cost data for the month is as follows:

INSTRUCTIONS
Compute equivalent production, and prepare a cost of production report for the month of April, assuming that the average cost method is used.
Analyze: What total production cost is attributable to products transferred from the first department to the next department?

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Materlals Overhead Labor $ 5,300 23,980 Beginning inventory of work in process Added during April $ 6,500 45,000 $ 2,580 14,500