Question 16 View Policies Show Attempt istory Current Attempt in Progress Your awer is incorrect The Welding Department of Waterway Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 14.500 units, 1/10 complete Materials $17.500 Units transferred out 55,000 Conversion costs 14,560 $32,060 Units started 50,700 Materials 191,140 Ending work in process 10.200 units, 15 complete or 67.000 Overhead 66.744 Prepare a production cost report for the Welding Department for the month of February. Round unit costs to 2 decimal places 2.25 and all other answers to decimal 1.225) WATERWAY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units Physical Conversion Physical Units Materials Quantities Units to be accounted for Work in process, February 1 Started into production Total units Units accounted for Transferred out LL | II I IN JL Work in process, February 28 LJUJU M L Total units Conversion Costs Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, February 1 Started into production M MI Total costs . Cost Reconciliation Schedule Costs accounted for Transferred out Work in process. February 28 Materials Conversion costs Total costs