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 14,500 units, 1/10 complete Materials $17,500 Units transferred out 55,000 Conversion costs 14,560 $32,060 Units started 50,700 Ending work in process Materials 192,444 10,200 units, 1/5 complete Labor 67,000 Overhead 67,885 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 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, February 28 Total units Conversion Materials Total Costs Costs 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 $ Cost Reconciliation Schedule Costs accounted for Transferred out $ Work in process, February 28 Materials Conversion costs Total costs A