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 Production Data Beginning work in process 15,300 units, 1/10 complete Beginning work in process Units transferred out Materials $17,900 54,800 Conversion costs 14,860 $32,760 Units started 51,100 Materials 201 220 Ending work 201,220 in process 11,600 units, 1/5 complete Labor Overhead 67,700 91,656 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 0 decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, February 1 Started into production 51,100 Total units 166,400 1 15,300 Units accounted for Transferred out Work in process, February 28 Total units 54,800 (11,600 766,400 54,800 111,600 766,400 154,800 2,320 757,120 Conversion Materials Costs Costs Total Unit costs Total Costs $393,336 $219,120 166,400 Equivalent units $174,216 157,120 $13.05 Unit costs $16.35 Costs to be accounted for Work in process, February 1 15300 Started into production 51100 Total costs 66400 $347980 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, February 28 Materials Conversion costs Total costs $138,280 17076 45,356 $1393,336