Exercise 16-20 The Welding Department of Bramble Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Bramble uses the FIFO method to compute equivalent units Manufacturing Costs Production Data Beginning work in process Costs transferred in Materials Labor Overhead $43,758 183,600 77,520 47,736 93,024 Beginning work in process Units transferred out Units transferred in Ending work in process 20,400 units, 10% complete 73,440 87,040 34,000 units, 20% complete Prepare a production cost report for the Welding Department for the month of February. Transferred-in costs are considered materials costs. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to O decimal places, e.g. 125.) BRAMBLE MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28,2020 Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, February 1 20,400 87,040 107,440 Started into production Total units Units accounted for Completed and transferred out Work in process, February 1 20,400 Started and completed Total Work in process, February 28 Total units Conversion Costs Costs Materials Total Unit costs Costs in February Equivalent units Unit costs Costs to be accounted for Work in process, February 1 Started into production Total costs Cost Reconciliation Schedule osts accounted for Transferred out Work in process, February 1 Costs to complete beginning work in process Conversion costs