Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the...

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Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started 550,000 Gallons transferred out 462,000 Direct materials cost $1,650,000 Direct labor cost $2,129,500 Overhead applied $3,194,400 Direct materials are added at the beginning of the process. Ending Inventory is 80 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter 0 Softkin Company Mixing Department Production Report for Current Year Unit Information Units to account for: Units in beginning WIP Equivalent Units Direct Conversion Materials Costs Physical Flow Units completed 462,000 462,000 462,000 Units in ending WIP 88,000 88,000 70,400 Total units accounted for 550,000 532,400 Work completed 550,000 Cost Information Costs to account for: Direct Materials Conversion Costs Total 0 0 Costs in beginning WIP Costs incurred during the period 1,650,000 532,400 X 2,182.400 Total costs to account for 1,650,000 $532.400 X SI 2.182,400 x $ 10 Cost per equivalent unit Costs accounted for: Units completed Ending work in process X Total costs accounted for

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