Current Attempt in Progress The Welding Department of Concord Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Production Data 15,300 units, 1/10 complete Manufacturing Costs Beginning work in process Materials $17,500 Conversion costs 14,160 54,500 Beginning work in process Units transferred out Units started Ending work in process $31,660 50.800 Materials 227,070 11,600 units, 1/5 complete Labor 67.200 Overhead 80,577 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.s. 2.25 and all other answers to decimal places, 0.8, 1,225.) CONCORD MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units CONCORD MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units Physical Units Conversion Costs Materials Quantities Units to be accounted for Work in process February 1 Started into production Total units Units accounted for Transferred out Work in process accounted for Transferred out Work in process February 28 Total units Conversion Costs Costs Materials Tot Unit costs Total Costs $ Equivalent units Unit costs $ $ $ Costs to be accounted for Workin Costs to be accounted for $ Work in process February 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process February 28 Materials Costs to be accounted for $ Work in process February 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process February 28 Materials Total costs Cost Reconciliation Schedule Costs accounted for Transferred out $ Work in process, February 28 Materials $ Conversion costs Total costs