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Materials are added at the beginning of a production process, and ending work in process inventory is 30% complete with respect to conversion costs. Use

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Materials are added at the beginning of a production process, and ending work in process inventory is 30% complete with respect to conversion costs. Use the information provided to complete a production cost report using the weighted average method. Costs to Account For Beginning inventory: materials $11,000 Beginning inventory: conversion 19,000 Direct material 59,200 Direct labor 75,000 Applied overhead 47,975 Total costs to account for $212,175 Units to Account For Beginning work in process 6,000 20,000 Units started into production Transferred out 21,060 Production Cost Report Completed and transferred out Ending work in process Total units to account for Work in process completion percent 100% 30% Material Units Conversion Units Total Units Completed and transferred out Ending work in process Total units to account for Materials Conversion Total Costs to account for Previous Next > Transferred out 21,000 Production Cost Report Completed and transferred out Ending work in process Total units to account for Work in process completion percent 30% 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 Beginning work in process 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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