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Production Costs Cost of Production Summary For the Month Ended February 28,20-- Cost...

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Accounting

Production Costs Cost of Production Summary
For the Month Ended February 28,20--
Cost of production for month:
Materials
Labor
Factory overhead
Total costs to be accounted for
Unit output for month:
Finished and transferred to finis hed goods during month
Equivalent units of work in process, end of month
Total equivalent production
Unit cost for month:
Materials
Labor
Factory overhead
Total
Inventory costs:
Costs of goods finished and transferred to finished goods during
month
Cost of work in process, end of month:
Materials
Labor
Factory overhead
Total production costs accounted for Production Costs
Costs incurred during month:
Production Report
Units
Finished and transferred to stockroom during month ...............60,000
Work in process, end of period, one-fourth completed ..............10,000
Costs incurred during month:
Production Report
Units
Finished and transferred to stockroom during month ...............60,000
Work in process, end of period, one-fourth completed ..............10,000
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