Q1 PAR MANUFACTURING COMPANY Fabrication Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units QUANTITIES Physical Units Materials Conversion Costs Units to be accounted for Work in process, Jun 1 10,000 Started into production 20,000 Total units 30,000 Units accounted for Transferred out 25,000 Work in process, Jun 30 5,000 Total units 30,000 COSTS Unit costs Materials Conversion Costs Total Costs in June $150,000 $110,000 $260,000 Equivalent units Unit costs $ S S Costs to be accounted for Work in process, Jun 1 $ 80,000 Started into production 180,000 Total costs $260,000 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, Jun 30 Materials Conversion costs Total costs $260,000