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Prepare a production cost report for the welding department

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Reference no: EM132713597

The welding department of Balogh Manufacturing Company has the following production and manufacturing cost data for February 2020. All materials are added at the beginning of the process.

Manufacturing Costs                              Production Data

Beginning work in process                         Beginning work in process 16,000 units

Materials $17,820                                                  1/10 complete

Conversion costs 14,440 $32,260                Units transferred out 49,100

Materials 194,280                                       Units started 44,600

Labour 52,960                                        Ending work in process 11,500 units

Overhead 58,530                                            1/5 complete

Problem 1: Prepare a production cost report for the welding department for the month of February. (Round unit costs to 2 decimal places, e.g. 15.25)

Reference no: EM132713597

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