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).

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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