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The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of
The Welding Department of Healthy 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 $17,800 Conversion costs 15,160 Materials Labor Overhead Production Data Beginning work in process 15,100 units, 1/10 complete Units transferred out 55,000 Units started 51.200 Ending work in process 11,300 units, 1/5 complete $32.960 210,935 67.900 40,049 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, eg. 2.25 and all other answers to 0 decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities 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 Conversion Costs costs Materials Total Init costs $ $ $ Total Costs Equivalent nits Unit costs $ $ osts to be ccounted for Work in rocess, ebruary 1 Started into roduction Total costs $ ost $ Seconciliation chedule Costs ccounted for Transferred ut Work in rocess, ebruary 28 Materials Conversion osts $ Total costs $
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