E18.29.Stat Question 2 Not complete Marked out of 10.00 Remove flag 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, the company accumulated the following data in its process costing system: Production data Work-in-process, 4/1 Raw materials transferred to processing Work-in-process, 4/30 (60% converted) Cost data Raw materials transferred to processing Conversion costs Direct labor cost incurred 0 tons 35,000 tons 5,000 tons $440,000 $95,000 Manufacturing overhead applied ? Manufacturing overhead is applied at the rate of $15 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 Equivalent units in process: Units completed Materials Conversion Total 0 Plus equivalent units in ending inventory 0 0 Equivalent units in process 0 0 Total cost to accounted for and cost per equivalent unit in process: Beginning work-in-process $ 0 $ 0 $ 0 Current costs 0 0 Total cost in process $ 0 $ 0 $ 0 Equivalent units in process 0 Cost per equivalent unit in process $ 0 $ 0 $ 0 Accounting for total costs: Transferred out $ 0 Ending work-in-process: Materials Conversion Total cost accounted for $ 0