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Exercise 16-13 Your answer is partially correct. Try again. The Welding Department of Healthy Company has the following production and manufacturing cost data for February
Exercise 16-13 Your answer is partially correct. Try again. 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 15,200 units, 1/10 complete Beginning work in process Beginning work in process Units transferred out Materials $18,300 55,100 15,160 Units started Conversion costs $33,460 50,900 Ending work in process Materials 224,948 11,000 units, 1/5 complete Labor 67,100 Overhead 50,103 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.) Conversion Costs Materials Costs Total Unit costs 243248 375611 132363 $ Total Costs Equivalent units 66100 57300 X 5.99 3.68 2.31 $ Unit costs $ Costs to be accounted for 33460 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 Open Show Work Click if you would like to Show Work for this
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