Wildhorse Company manufactures hockey pucks and soccer balls. For both products, materials are added at the beginning of the production process and conversion costs are incurred evenly. Wildhorse uses the FIFO method to calculate equivalent units of production. Production and cost data for the Assembly Department for August are as follows:

Production DataHockey Pucks

Units

Percent Complete as to

Conversion Costs

Work in process inventory units, August 1

500 70%

Units started into production

1,600

Work in process inventory units, August 31

600 30%

Cost DataHockey Pucks

Work in process inventory, August 1

$1,200

Costs added during August

Direct materials

1,600

Direct labour

1,100

Manufacturing overhead

1,028

Production DataSoccer Balls

Work in process inventory units, August 1

400 90%

Units started into production

2,150

Work in process inventory units, August 31

200 60%

Cost DataSoccer Balls

Work in process inventory, August 1

$400

Costs added during August

Direct materials

3,440

Direct labour

1,040

Manufacturing overhead

1,492

WILDHORSE COMPANY Production Cost Report-Hodey pucks For the Month Ended August Aguent Uruts of Production Pimenta Material Corwenion Costs mtities cround for Work in process inventory, August 1 500 Started into production 1600 2100 Total units to be accounted for unted for Completed and transferred out Work in process inventory, Augusti 1500 1500 1500 Started and completed 2800 2000 Work in process inventory, August 31 600 500 Total unit 4700 4700 5800 Costs in August Equivalent units of production Unit costs $ conciliation Schedule Alter Work in process inventory, August 1 Added into production Total cost to be account for 3 Completed and transferred out Work in proces inventoutt Conversion cost to complete beginning wery Sus completed procento Apust! Materials Come hosts Teta con scout e Textbook and Media