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The Welding Department of Blossom Company has the following production and manufacturing cost data for February 2022. All materials are added at the beginning
The Welding Department of Blossom Company has the following production and manufacturing cost data for February 2022. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 15,000 units Materials $18,000 Units completed and transferred out 54,600 Conversion costs 14.360 $32,360 Units started in production 50,900 Costs added during the month Ending work in process 11,300 units Direct materials 199,470 Direct labor 67,500 Manufacturing overhead 83,034 $382,364 Beginning work in process and ending work in process were 10% and 20% complete with respect to conversion costs, respectively. Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g. 2.25 and all other answers to O decimal places, eg. 1,225.) Quantities Units to be accounted for Work in process, February 1 Started into production Total units Units accounted for Completed and transferred out Work in process, February 28 Total units Costs Unit costs Total Costs Equivalent units Unit costs Physical Units BLOSSOM COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2022 Materials Equivalent Units Conversion Costs Materials Conversion Costs Costs to be accounted for Work in process, February 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Completed and transferred out Work in process, February 28 Materials Conversion costs Total costs
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