The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Manufacturing Costs Beginning work in process Materials Conversion costs Materials Labor Overhead $18,100 14,760 $32,860 220,220 67,500 88,740 Production Data Beginning work in process Units transferred out Units started Ending work in process 15,200 units, 1/10 complete 54,700 51,000 11,500 units, 1/5 complete Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g. 2.25 and all other answers to 0 decimal places, e.g. 1,225.)

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Chapter1: Financial Statements And Business Decisions
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The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All
materials are added at the beginning of the process.
Beginning work in process
Materials
Conversion costs
Materials
Labor
Overhead
Quantities
Units to be
accounted for
Work in
process,
February 1
Started into
production
Total units
Manufacturing Costs
Units
accounted for
Transferred
out
Work in
process,
February 28
Total units
$18,100
14,760
Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g.
2.25 and all other answers to O decimal places, e.g. 1,225.)
$32,860
220,220
67,500
88,740
Physical
Units
Production Data
Beginning work in process
Units transferred out
Units started
Ending work in process
15,200 units, 1/10 complete
54,700
51,000
11,500 units, 1/5 complete
HEALTHY MANUFACTURING COMPANY
Welding Department
Production Cost Report
Materials
For the Month Ended February 28, 2020
Equivalent Units
Conversion
Costs
Transcribed Image Text:The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Beginning work in process Materials Conversion costs Materials Labor Overhead Quantities Units to be accounted for Work in process, February 1 Started into production Total units Manufacturing Costs Units accounted for Transferred out Work in process, February 28 Total units $18,100 14,760 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, e.g. 2.25 and all other answers to O decimal places, e.g. 1,225.) $32,860 220,220 67,500 88,740 Physical Units Production Data Beginning work in process Units transferred out Units started Ending work in process 15,200 units, 1/10 complete 54,700 51,000 11,500 units, 1/5 complete HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report Materials For the Month Ended February 28, 2020 Equivalent Units Conversion Costs
Costs
Unit costs
Total Costs
Equivalent
units
Unit costs
Costs to be
accounted for
Work in
process,
February 1
Started into
production
Total costs
Cost
Reconciliation
Schedule
Costs
accounted for
Transferred
4
out
Work in
process,
February 28
Materials
Conversion
costs
Total costs
eTextbook and Media
$
$
Materials
$
$
$
Conversion
Costs
$
$
$
$
$
$
Total
Transcribed Image Text:Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, February 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred 4 out Work in process, February 28 Materials Conversion costs Total costs eTextbook and Media $ $ Materials $ $ $ Conversion Costs $ $ $ $ $ $ Total
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