The Welding Department of Marigold Company has the following production and manufacturing cost data for...
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The Welding Department of Marigold Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process. Production Data Manufacturing Costs Beginning work in process Materials $ 18,400 14,700 units, 1/10 complete Beginning work in process Units transferred out Units started 55,300 Conversion costs 14,460 $32,860 50,600 Materials 229,740 Ending work in process 10,000 units, 1/5 complete Labor 67,500 Overhead 52,695 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, eg. 1.225.) MARIGOLD MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2020 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 COSTA Total costs Sartor Later Attempts: 0 of 1 used Submit




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