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, $4/1/170$ tons

Raw materials transferred to processing $25,000$ tons

Work$-$in$-$process, $4/30/17(75\%$ converted$)5,000$ tons

Cost data

Raw materials transferred to processing $$1,300,000$

Conversion costs

Direct labor cost incurred $$95,000$

Manufacturing overhead applied $?$

Manufacturing overhead is applied at the rate of $$6$ per equivalent unit $($ton$)$ processed.

Prepare a cost of production report for April.

Howell Paving Company

Cost of Production Report

For the Month Ending April $30,2017$

Equivalent units in process: Materials Conversion Total

Units completed Answer

$0$

Answer

$0$

Plus equivalent units in ending inventory Answer

$0$

Answer

$0$

Equivalent units in process Answer

$0$

Answer

$0$

Total cost to accounted for and cost per

equivalent unit in process:

Beginning work$-$in$-$process Answer

$0$

Answer

$0$

Answer

$0$

Current costs Answer

$0$

Answer

$0$

Answer

$0$

Total cost in process Answer

$0$

Answer

$0$

Answer

$0$

Equivalent units in process Answer

$0$

Answer

$0$

Cost per equivalent unit in process Answer

$0$

Answer

$0$

Answer

$0$

Accounting for total costs:

Transferred out Answer

$0$

Ending work$-$in$-$process:

Materials Answer

$0$

Conversion Answer

$0$

Answer

$0$

Total cost accounted for Answer

$0$