Production Costs Cost of Production Summary

For the Month Ended February $28,20--$

Cost of production for month:

Materials

Labor

Factory overhead

Total costs to be accounted for

Unit output for month:

Finished and transferred to finis hed goods during month

Equivalent units of work in process, end of month

Total equivalent production

Unit cost for month:

Materials

Labor

Factory overhead

Total

Inventory costs:

Costs of goods finished and transferred to finished goods during

month

Cost of work in process, end of month:

Materials

Labor

Factory overhead

Total production costs accounted for Production Costs

Costs incurred during month:

Production Report

Units

Finished and transferred to stockroom during month $...............60,000$

Work in process, end of period, one$-$fourth completed $..............10,000$

Costs incurred during month:

Production Report

Units

Finished and transferred to stockroom during month $...............60,000$

Work in process, end of period, one$-$fourth completed $..............10,000$