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Given the following information, prepare a prdduction report with materials added at the beginning and ending work in process inventory being 20% complete with regar
Given the following information, prepare a prdduction report with materials added at the beginning and ending work in process inventory being 20% complete with regar to conversion costs. Costs to Account for Units to Account for Beginning inventory: materials $4,900 Beginning work in process 3,000 Beginning Inventory: conversion Direct material 900 Units started into production 25,480 Transferred out 84,000 82,500 Direct labor 43,220 Applied overhead 12,400 Transferred-in materials 7,900 Transferred-in conversion 10,200 Total costs to account for $105,000 Enter all amounts as positive values. If required round "Cost per unit" answers to two decimal places. Completed and transferred out Ending work in process Production Report 82,500 3,000 X Total units to account for Work in process completion percent 100% 20% Material Units Conversion Units Total Units Completed and transferred out Ending work in process Total units to account for Costs to account for Materials Conversion Total Completed and transferred out Ending work in process Total units to account for Costs to account for Beginning work in process Transferred in Incurred during the period Total costs to account for Equivalent units Cost per equivalent unit for department Transferred-out costs End work in process: materials End work in process: conversion End work in process: total Costs to account for Materials Conversion Total 0000 $
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