Question 1 of 1 \table[[Manufacturing Costs, Production Data], [Beginning work in process, $50, 193, Beginning work in process, 23, 400 units], [Costs added during month,,Units completed and transferred out,84, 240], [Direct materials, 299, 520, Units started in production, 99, 840], [Direct labor, 54, 756, Ending work in process,39,000 units], [Manufacturing overhead, 106, 704,, ]] Beginning work in process and ending work in process were 10% and 20% complete with respect to conversion costs, respectively. Prepare a production cost report for the Welding Department for February 2022. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) (3) Work in process, February 1 23400 SUPPORT Started into production 99840 larr Check for Understanding Chapter 16 Question 1 of 1 i Completed and 10 - transferred out Work in process, February 1 Started and completed Total Work in process, February 28 tal units (B) Costs to be accounted for Completed and transferred out Work in process, February 1 Started and completed Total Work in process, February 28 Total units. Costs Unit costs Costs in February Equivalent units Unit costs $ Materials [ $ $ Conversion Costs $ Total

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 1 of 1 \table[[Manufacturing Costs, Production Data], [Beginning work
in process, $50, 193, Beginning work in process, 23, 400 units], [Costs added
during month,,Units completed and transferred out,84, 240], [Direct materials,
299, 520, Units started in production, 99, 840], [Direct labor, 54, 756, Ending work
in process,39,000 units], [Manufacturing overhead, 106, 704,, ]] Beginning work
in process and ending work in process were 10% and 20% complete with
respect to conversion costs, respectively. Prepare a production cost report for
the Welding Department for February 2022. (Round unit costs to 2 decimal
places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) (3) Work
in process, February 1 23400 SUPPORT Started into production 99840 larr
Check for Understanding Chapter 16 Question 1 of 1 i Completed and
10
-
transferred out Work in process, February 1 Started and completed Total Work
in process, February 28 tal units (B) Costs to be accounted for
Transcribed Image Text:Question 1 of 1 \table[[Manufacturing Costs, Production Data], [Beginning work in process, $50, 193, Beginning work in process, 23, 400 units], [Costs added during month,,Units completed and transferred out,84, 240], [Direct materials, 299, 520, Units started in production, 99, 840], [Direct labor, 54, 756, Ending work in process,39,000 units], [Manufacturing overhead, 106, 704,, ]] Beginning work in process and ending work in process were 10% and 20% complete with respect to conversion costs, respectively. Prepare a production cost report for the Welding Department for February 2022. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) (3) Work in process, February 1 23400 SUPPORT Started into production 99840 larr Check for Understanding Chapter 16 Question 1 of 1 i Completed and 10 - transferred out Work in process, February 1 Started and completed Total Work in process, February 28 tal units (B) Costs to be accounted for
Completed and transferred out
Work in process, February 1
Started and completed
Total
Work in process, February 28
Total units.
Costs
Unit costs
Costs in February
Equivalent units
Unit costs
$
Materials
[
$
$
Conversion
Costs
$
Total
Transcribed Image Text:Completed and transferred out Work in process, February 1 Started and completed Total Work in process, February 28 Total units. Costs Unit costs Costs in February Equivalent units Unit costs $ Materials [ $ $ Conversion Costs $ Total
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