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Waterway Industries Inc., manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning and conversion costs incurred uniformly Production and

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Waterway Industries Inc., manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning and conversion costs incurred uniformly Production and cost data for the host process in making a product areas follows Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 22,400 Work in process units, July 31 Work in process percent complete 60 3.360 CostDataJuly Work in proces. July 1 Material Labor Overhead Total 50 425,600 262,528 116,430 5804,608 Cutting Department-Plant 1 Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Transferred out Work in process, July 31 Total units Conversion Costs Materials Materials TORS Costs Costs Unit costs Total Costs $ Equivalent units $ $ Unit costs $ Costs to be accounted for Work in process, July 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 $ $ Materials Conversion costs $ Total costs e Textbook and Media Sove for later Attempts: 0 of 3 used Submit

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