Exercise 21-13 The Welding Department of Healthy Company has thefollowing 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 processBeginning work in process 15,000 units, 1/10 complete Materials$18,000 Units transferred out 55,000 Conversion costs 14,175$32,175 Units started 51,000 Materials 180,000 Ending work inprocess 11,000 units, 1/5 complete Labor 67,380 Overhead 61,445Prepare a production cost report for the Welding Department for themonth of February. (Round unit costs to 2 decimal places, e.g. 2.25and all other answers to 0 decimal places, e.g. 1,225.) HEALTHYMANUFACTURING COMPANY Welding Department Production Cost Report Forthe Month Ended February 28, 2017 Equivalent Units QuantitiesPhysical Units Materials Conversion Costs Units to be accounted forWork in process, February 1 Started into production Total unitsUnits accounted for Transferred out Work in process, February 28Total units Costs Materials Conversion Costs Total Unit costs TotalCosts $ $ $ Equivalent units Unit costs $ $ $ Costs to be accountedfor Work in process, February 1 $ Started into production Totalcosts $ Cost Reconciliation Schedule Costs accounted forTransferred out $ Work in process, February 28 Materials $Conversion costs Total costs $ LINK TO TEXT LINK TO TEXT
