Exercise 16-13

The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. All materials are added at the beginning of the process.

Exercise 16-13 The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process Units transferred out 14,500 units, 1/10 complete 55,300 50,600 Materials $17,600 Conversion costs 15,060 $32,660 Units started Materials Ending work in process 9,800 units, 1/5 complete 199,834 67,400 49,238 Labor Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g. 2.25 and all other answers to 0 decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Physical Units Materials Quantities Units to be accounted for Costs Work in process, February 1 Started into production Total units Units accounted for Transferred out