UNITS TO ACCOUNT FOR BEG UNITS START PUZZLE ME CO. COST OF PRODUCTION REPORT-CUTTING DEPT JULY 2019 (A) (8) TOTAL MATERIAL CONVERSION UNITS 0 0% Os ON ON (A)X(B) EQUIVALENT UNITS MATERIAL CONVERSION 0 C) MATERIAL COST 0 +0 (D) CONVERSION COST 0 0 C)0 TOTAL COST COMPLETED O END UNITS 0 0 0 +0 TOT TO ACCT END UNITS TOT UNITS 0 0 o 0 COMPLETED BEG WIP 0 Oo MONTH COST 0 0 0 TOTL COST LQUIL UNITS COST/UNIT 0 0 $0.00 0 $0.00 $0.00 COSTS TO ACCOUNT FOR BEG WIP MATERIALS LABOR OVERHEAD 0 0 O CONVERSION COSTS +0 TOTAL Beginning units were 0. The company started 50,000 units in May. 40,000 were transferred out. For the ending work in process, the materials were added at the start of the process and ending units were 25% complete The incuted costs were direct materials $140,000, direct labor $20,000 and overhead $48,000 completed units were transferred to the package dept. Complete the cost of production report and record the entry to transfer out the completed units UNITS TO ACCOUNT FOR BEG UNITS START PUZZLE ME CO. COST OF PRODUCTION REPORT-CUTTING DEPT JULY 2019 (A) (8) TOTAL MATERIAL CONVERSION UNITS o 0% On ON ON (A)X(B) EQUIVALENT UNITS MATERIAL CONVERSION 0 C) MATERIAL COST 0 0 (DI CONVERSION COST 0 0 IC)(0) TOTAL COST COMPLETED O END UNITS 0 0 0 +0 TOT TO ACCT END UNITS TOT UNITS 0 0 O COMPLETED 0 BEG WIP MONTH COST 0 0 Oo 0 0 TOTL COST EQUIL UNITS COST/UNIT 0 0 50.00 0 0 $0.00 50.00 COSTS TO ACCOUNT FOR BEG WIP MATERIALS LABOR OVERHEAD O CONVERSION COSTS 40 +0 TOTAL TOTAL Beginning units were 0. The company started 50,000 units in May. 40,000 were transferred out. For the ending work in process, the materials were added at the start of the process and ending units were 25% complete. The Incured costs were direct materials $140,000, direct labor $20,000 and overhead $48,000. Completed units were transferred to the package dept. Complete the cost of Production report and record the entry to transfer out the completed units