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 Beginning work in process Materials $18,500 Conversion costs 14,160 Materials Labor Production Data Beginning work in process 15,200 units, 1/10 complete Units transferred out 55,100 Units started 50.800 Ending work in process 10,900 units, 1/5 complete $32,660 227,680 67,600 39,674 Overhead 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 o decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Physical Conversion Units Materials Costs Quantities Units to be accounted for Work in process, February 1 Started into production Total units Units accounted for Transferred out Work in process, February 28 Total units Costs Materials Costs Total Unit costs Total Costs $ $ Equivalent units Unit costs $ 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 $ Conversion costs Total costs