Cost of Production Report: No Beginning Inventories Howell Paving Company manufactures asphalt paving materials for highway construction through a one-step process in which all materials are added at the beginning of the process. During April 2017, the company accumulated the following data in its process costing system Production data Work in process, 4/1/17 Raw materials transferred to processing 25.000 tons Work-in-process 4/30/17 (converted 5.000 tons Cost data Raw materials transferred to processing $325.000 Conversion Direct labor cost incurred 523.750 Manufacturing overhead applied Manufacturing overhead is applied at the rate of 56 per equivalent unit ton) proceed Prepare a cost of production report for April Prepare a cost of production report for April. Total Howell Paving Company Cost of Production Report For the Month Ending April 30, 2017 Equivalent units in process: Materials Conversion Units completed Plus equivalent units in ending inventory Equivalent units in process 0 0 Total cost to accounted for and cost per equivalent unit in process: Beginning work-in-process $ 0 $ 0 $ Current costs 0 0 Total cost in process Equivalent units in process 0 0 Cost per equivalent unit in process $ 0 $ 0 $ Accounting for total costs: Transferred out Ending work-in-process: Materials Conversion 0 Total cost accounted for $ 0 0 0 0 0 Check