Computing equivalent production; preparing a cost of production report for two departments. The Amalfi Company uses a process cost accounting system. All materials in the first department (Grinding) are added at the start of production. Raw materials put into production in the second department

(Finishing) are added in proportion to labor and manufacturing overhead. Data for the month of February 19X8 are given below.

Instructions 1. Complete equivalent production computations for each department.
2. Prepare separate cost of production reports for the two departments.

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Grinding Finishing Dept. Dept. Costs Beginning Work in Process Costs in Prior Department -0- $3,046 Costs in Current Department Materials $ 1,500 312 Labor 430 263 Manufacturing Overhead 730 291 Current Department Costs-February Materials 19,020 7,848 Labor 17,860 5,884 Manufacturing Overhead 16,270 4,908 Quantities Beginning Work in Process 150 125 Started in Production 1,250 -0- Transferred In From Prior Department -0- 1,225 Transferred Out to Next Department 1,225 -0- Transferred Out to Finished Goods -0- 1,200 Ending Work in Processi 175 150