Cost of production report for february

Assignment Help Accounting Basics

Reference no: EM13142351

Hudson Arts manufactures electronic language translators. Analysis of beginning Work in Process for February 2010 revealed the following for 800 units:

800 Units

Percent Complete Costs Incurred

Material 45 $6,748

Direct Labor 65 $2,484

Overhead 40 $5,710

Total Beginning Inventory $14,942

During February, Electronic Arts started production of another 11,400 translators and incurred $259,012 for material, $58,316 for direct labor, and $188,210 for overhead. On February 28, the company had 400 units in process (70% complete as to material, 90% complete as to direct labor, and 80% complete as to overhead).

Required:

Prepare a cost of production report for February using the weighted-average method. Show all work and calculations for EUP, Cost per EUP, and Total Cost Accounted For.

Reference no: EM13142351

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