Exercise 16-13 The Welding Department of Thorpe Company has the following production and manufacturing cost data for February 2014. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 14,610 units, 1/10 complete Materials $18,090 Units transferred out 49,250 Conversion costs 14,740 $32,830 Units started 45,550 Materials 228,566 Ending work in process 10,910 units, 1/5 complete Labor 52,010 Overhead 46,400

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.)

THORPE MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2014 Equivalent Units Quantities Physical Units Materials Conversion Costs 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 Conversion 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 $ Click if you would like to Show Work for this question: Open Show Work