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Given the following information, prepare a production report with materials added at the beginning and ending work in process inventory being 30% complete with regard
Given the following information, prepare a production report with materials added at the beginning and ending work in process inventory being 30% complete with regard to conversion costs. \begin{tabular}{lrr} \multicolumn{1}{c}{ Costs to Account for } & \multicolumn{1}{c}{ Units to Account for } \\ \hline Beginning inventory: materials & $4,900 Beginning work in process & 3,000 \\ Beginning inventory: conversion & 1,000 Units started into production & 84,000 \\ Direct material & 23,740 Transferred out & 82,500 \\ Direct labor & 34,995 & \\ Applied overhead & 12,500 & \\ Transferred-in materials & 7,900 & \\ Transferred-in conversion & 10,200 & \\ Total costs to account for & $95,235 & \end{tabular} Enter all amounts as positive values. If required round "Cost per unit" answers to two decimal places. Production Report Completed and transferred out Ending work in process Total units to account for Work in process completion percent 100% Material Units Conversion Units Total Units 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
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