The Welding Department of Concord Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Materials $17.500 Conversion costs 14,160 Production Data Beginning work in process 15,300 units, 1/10 complete Units transferred out 54,500 Units started 50,800 Ending work in process 11,600 units, 1/5 complete $31,660 Materials 227,070 Labor 67200 Overhead 80.577 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, eg. 2. and all other answers to decimal places, eg. 1,225) CONCORD MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units Quantities Physical Units Materials Conversion Costs Units to be accounted for Work in process February 1 Started into production Total units Units accounted for Transferred out Work in process February 28 Total units Costs Materials Conversion Costs Total Unit costs Total Costs $ Equivalent units Unit costs S A Costs to be accounted for Work in process, February 1 $ Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Workin process February 28 Materials Conversion costs Total costs