PROCESS COSTING E3-13 The Welding Department of Thorpe Company has the following production and manufacturing cost data for February 2014. All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Production Data Beginning work in process 15,000 units Materials $18,000 1/10 complete Conversion costs 14,175 $ 32,175 Units transferred out 49,000 Materials 180,000 Units started 45,000 Labor 52,380 Ending work in process 11,000 units Overhead 61,445 1/5 complete Instructions Prepare a production cost report for the Welding Department for the month of February. E3-20 The Welding Department of Majestic Company has the following production and manufacturing cost report for February, 2014 All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Costs transferred in Materials Labor Overhead Instructions Production Data $ 32,175 Beginning work in process 15,000 units, 135,000 10% complete 57,000 Units transferred out 54,000 35,100 Units transferred in 64,000 68,400 Ending work in process 25,000, 20% complete Prepare a production cost report for the Welding Department for the month of February. Transferred-in costs are considered materials costs.