Brainerd Corporation adds all materials at the beginning of production. On August 1, 2019, 1,400 gallons of its product were in production in the first department. During the month of August, 10,600 gallons were put into production. On August 31, 1,900 gallons were still in production. The ending inventory is estimated to be 70 percent complete as to labor and overhead. Cost data for the month follows:

	Materials			Labor			Overhead
Beginning inventory of work in process	$	7,560		$	5,100		$	2,550
Added during August		40,200			20,046			13,452

Required: Prepare a cost of production report for the month of August, assuming that the average cost method is used. Analyze: How many gallons of product will be held as beginning inventory of work in process on September 1 for the first department? What is the total cost for this quantity of product?

Complete this question by entering your answers in the tabs below.

• Equivalent Units
• Cost of Production
• Analyze
• Total Cost

Prepare a cost of production report for the month of August, assuming that the average cost method is used.

	BRAINERD CORPORATION Equivalent Unit Production Computations Month Ended August 31, 2019 First Department Materials: Units transferred out to next department Work in process Equivalent units of production for materials 0 Labor and Manufacturing Overhead: Units transferred out to next department Work in process Equivalent units of production for labor and overhead 0

• Cost of Production
• Analyze
• Total Cost

Prepare a cost of production report. (Round your Unit cost answers to 2 decimal places.)

BRAINERD CORPORATION Cost of Production Report Month Ended August 31, 2019 QUANTITY SCHEDULE (a) Quantity to be accounted for Work in processbeginning Started in production Total to be accounted for 0 (b) Quantity accounted for Transferred out to next department Work in processending Total accounted for 0 COST SCHEDULE TOTAL COST E.P. UNITS UNIT COST (c) Costs to be accounted for Costs in current department Work in processbeginning Materials Labor Overhead Materials Labor Manufacturing overhead Cumulative cost total $0 $0.00 (d) Costs accounted for Transferred out to next department Work in processending Materials Labor Manufacturing overhead Rounding adjustment Total work in processending $0 Total costs accounted for $0

How many gallons of product will be held as beginning inventory of work in process on September 1 for the first department?

	Work in process inventory on Sep. 1 gallons

What is the total cost for this quantity of product?

	Total cost