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Complete this production cost report. Fill in the shaded boxes. Beginning inventory Started during the month Total units to account for Completed and tranferred

Complete this production cost report. Fill in the shaded boxes. Beginning inventory Started during the month Total units to account for Completed and tranferred out Ending work in process Total units accounted for Work in process completion% Completed and transferred out Ending work in process Total units accounted for Cost to account for Beginning work in process Trandferred in Incurred during the period Total costs to account for Equivalent units Cost per equivalent unit for department Tranferred-out costs End work in process: materials End work in process: conversion Ending work in process: total Total costs accounted for 55 $ Units 20,000 75,000 70,000 100% Material Units 70,000 Materials 25% Conversion Units 70,000 3,500 $ $ 25,000 $ Conversion n 16,000 $ $ 45,000 $ Total 70,000 Total 19,500 70,000

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