Question: PROBLEM 3-7. Production Cost Report, Missing Data Classic 50s Flooring produces linoleum flooring. Below is a partial production cost report for the Mixing Department. In

PROBLEM 3-7. Production Cost Report, Missing Data Classic 50s Flooring produces linoleum flooring. Below is a partial production cost report for the Mixing Department.

In the report, a unit is a gallon of linoleum cement (a mixture of linseed oil, pine resin, and wood flour).

Quantity Reconciliation Units in beginning WIP Units started Units to account for

Required Fill in the missing data (items a through /).

Quantity Reconciliation Units in beginning WIP Units started Units to account for Units completed Production Cost Report Mixing Department June Units in ending WIP (100% material, 60% conversion costs) Units accounted for Cost Per Equivalent Unit Calculation 200 1,800 2,000 1,700 (a) (b) Material Labor Overhead Total Cost Beginning WIP Total Units $ 450 Cost incurred during February 4,050 $ 1,152 9,000 $ 2,304 18,000 $ 3.906 31.050 $4.500 $10,152 $20,304 $34.956 Units completed 1,700 1,700 1,700 Equivalent units, ending WIP (c) (d) (c) Total (0 (s) (h) Cost per equivalent unit (i) (i) (k) (1)

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