Problem 4-47A

Jessica Company manufactures hockey pucks and soccer balls. For both products, materials are added at the beginning of the production process and conversion costs are incurred evenly. Jessica uses the FIFO method to calculate equivalent units. Production and cost data for the month of August are as follows:

Production DataHockey pucks		Units		Percent Complete
Work in process units, August 1		430		70%
Units started into production		1,660
Work in process units, August 31		610		30%
Cost DataHockey pucks
Work in process, August 1		$1,110
Direct materials		1,992
Direct labour		1,160
Manufacturing overhead		883
Production DataSoccer balls
Work in process units, August 1		340		90%
Units started into production		2,320
Work in process units, August 31		250		60%
Cost DataSoccer balls
Work in process, August 1		$450
Direct materials		3,712
Direct labour		990
Manufacturing overhead		1,489

Prepare a production cost report for the month of August for the hockey pucks only. (Round unit cost to 3 decimal places, e.g. 15.251 and other answers to to the nearest whole dollar, e.g. 5,275.)

JESSICA COMPANY Production Cost ReportHockey pucks For the Month Ended August 31
				Equivalent Units
Quantities		Physical Units			Materials		Conversion Costs
Units to be accounted for
	Work in process, August 1
	Started into production
	Total units
Units accounted for
	Completed and transferred out
	Work in process, August 1
	Started and completed
	Work in process, August 31
	Total units
Costs
Unit costs
	Costs in August				$		$
	Equivalent units
	Unit costs				$		$
Costs to be accounted for
	Work in process, August 1						$
	Added into production
	Total costs						$