Shari Lee QUESTION 2 Partially correct 1417points out of 25.00 Flag question Cost of Production Report: No Beginning Inventories Atlanta Paper Company produces newsprint paper through a special recycling process using scrap paper products. Production and cost data for October 2017, the first month of operations for the company's new Brunswick plant, follow Units of product started in process during October 80,000 tons Units completed and transferred to finished goods 75,000 tons 7,000 486,000 190,800 Machine hours operated Direct materials costs incurred Direct labor costs incurred Raw materials are added at the beginning of the process for each unit of product produced. and labor and manufacturing overhead are added evenly throughout the manufacturing process. Manufacturing overhead is applied to Work-in-Process at the rate of $24 per machine hour. Units in process at the end of the period were 60 percent converted. Prepare a cost of production report for Atlanta Paper Company for October. . Round answers to the nearest whole number unless otherwise noted. . Do not use negative signs with any of your answers. ATLANTA PAPER COMPANY Cost of Production Report For the Month Ending October 31, 2017 Type here to search