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Using the following terms, complete the production cost report shown below: Ending work in process Units started into production Total units accounted for Total
Using the following terms, complete the production cost report shown below: Ending work in process Units started into production Total units accounted for Total costs to account for Manufacturing Overhead Raw Materials Inventory Cost per equivalent unit Beginning work in process Transferred in costs Incurred during the period Completed and transferred out Total costs accounted for Transferred out costs Equivalent units Total units to account for Materials are added at the beginning of a production process, and ending work in process inventory is 30% complete with respect to conversion costs. Use the information provided to complete a production cost report using the weighted-average method. Costs to Account For Units to Account For Beginning inventory: materials $ 10,000 Beginning work in process 5,000 Beginning inventory: conversion 19,000 Direct materials 50,000 Units started into production Transferred out 20,000 19,000 Direct labor 75,000 Applied overhead Total costs to account for 37,248 $191,248 PLEASE NOTE: For percent, use whole numbers and "%" (i.e. 25%). For units, use commas as needed (i.e. 1,234). Costs per unit are rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). All other dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Units to Account For: Beginning work in p Units 5,000 Units started into pi 20,000 Total units accounte 25,000
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