The Welding Department of Healthy Company has the following

The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 15,200 units, 1/10 complete Materials $18,100 Units transferred out 54,700 Conversion costs 14,760 $32,860 Units started 51,000 Materials 220,220 Ending work in process 11,500 units, 1/5 complete Labor 67,500 Overhead 89,880 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.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Quantities Physical Units Materials Conversion Costs Units to be accounted for Work in process, February 1 Started into production Total units Units accounted for Transferred out Work in process, February 28 Total units Costs Materials Conversion Costs Total 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 out $ Work in process, February 28 Materials $ Conversion costs Total costs $ Click if you would like to Show Work for this question: Open Show Work

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THORPE MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Quantities Physical units Material Conversion Cost Units to be accounted for Work in process, February 1 15200 Started into production 51000 Total Units 66200 Units accounted for Transferred out 54700 54700 54700 Work in progress Feb 28 11500 11500 2300 Total Units 66200 66200 57000 Costs Material Conversion Cost Total Unit Costs Total Costs 238320 172140 410460 Equivqlent Units 66200 57000 Unit Costs 3.6 3.02 6.62 (18100+220220) = 238320 (14760+67500+89880)=172140 Costs to be accounted for Work in process, February 1 32860 Started into production 377600 Total Cost 410460 220220+67500+89880 Cost Reconciliation Schedule Costs accounted for Transferred out 362114 (54700*6.62) Work in process, February 28 (11500*3.6) Materials 41400 (2300*3.02) Conversion Cost 6946 48346 Total Costs 410460