View Policies Current Attempt in Progress The welding department of Ivanhoe Manufacturing Company has the following production and manufacturing cost data for February 2022. All materials are added at the beginning of the process. The company uses the weighted average method. Production Data Manufacturing Costs Beginning work in process inventory 15,200 units Beginning work in process inventory 1/10 complete Materials $ 18,230 49,900 14,420 $32,650 Conversion costs Units completed and transferred out Costs added during month 183,390 44,100 Units started in production Direct materials 52,510 9.400 units Ending work in process inventory Direct labour 1/5 complete 72,876 Manufacturing overhead Prepare a production cost report for the welding department for the month of February. (Round unit costs to 2 decimal places, e.g. 15.25.) IVANHOEMANUFACTURING COMPANY Welding Department Production Cost Report Equivalent Units Physical Units Conversion Costs Direct Materials Quantities Units to be accounted for Work in process inventory. February 1 Started into production Total units accounted for Units accounted for Completed and transferred out Work in process inventory, February 28 Total units accounted for Costs Unit costs (Sep 3) $ Costs in February Equivalent units Unit costs Cost Reconciliation Schedule 1700 Cloudy Cost Reconciliation Schedule Costs to be accounted for Work in process inventory, February 1 Started into production Total costs to be accounted for Costs accounted for Completed and transferred out Work in process inventory, February 28 Direct materials Conversion costs Total costs to be accounted for Costs accounted for Completed and transferred out Work in process inventory, February 28 Direct materials $ Conversion costs Total costs accounted for