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Please solve this problem: Exercise 16-13 The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. All materials
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Exercise 16-13 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 Beginning work in process Beginning work in process Units transferred out 15,300 units, 1/10 complete 54,900 50,600 11,000 units, 1/5 complete Materials $18,000 14,760 32,760 Units started Conversion costs Materials Labor Overhead 216,604 67,500 83,901 Ending work in process 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 O decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, February1 Started into production Total unitsStep by Step Solution
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