edugen wil eypluscom Unit 5 Exam 2 BEST NEWS BLOOPERS APRIL

edugen wil eyplus.com Unit 5: Exam 2 BEST NEWS BLOOPERS APRIL 2018 YouTube Not found Q which Done Kimmel, Accounting, 6e Help | System Announcements TIMER Start Time: 07:52 PM Remaining: 75 min CALCULATOR PRINTER VERSION BACK Exercise 16-13 The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. Al materials are added at the beginning of the process Manufacturing Costs Production Data Beginning work in process 15,300 units, 1/10 complete 54,800 51,100 11,600 units, 1/5 complete Beginning work in process Units transferred out Materials $17,900 14,860 $32,760 Units started Conversion costs Materials Labor Overhead 202,548 67,700 91,085 Ending work in process 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 decimal places, e.g. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Physical Units Conversion Costs Quantities Units to be accounted for Materials Work in process, February 1

Solution

Healthy Manufacturing Company Physical Materials Conversion units costs Quantities Unit to be accounted for work in process,February 1 15,300 Started into production 51,100 total units 66,400 units accounted for Transferred out 54,800 54,800 54,800 work in process ,Feburary 28 11,600 11,600 2320 Total units 66,400 66,400 57,120 conversion total Costs Materials costs Unit costs total costs          220,448          173,645          394,093 Equivalent units            66,400            57,120 unit costs 3.32 3.04 6.36 costs to be accounted for work in process,February 1 32,760 Started into production 361333 total costs 394,093 Cost Reconciliation Schedule costs accounted for Transferred out 348528 work in process,Feburary 28 Materials 38512 Conversion costs 7053 45565 total costs 394093