The Welding Department of Thorpe Company has the following production and manufacturing cost data for February 2014. All materials are added at the beginning of the process.
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Beginning work in process Materials
Conversion costs
Materials
Labor
Overhead
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$17,830
14,410 $32,240
221,942 52,770 86,636
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Beginning work in process Units transferred out
Units started
Ending work in process
|
15,220 units, 1/10 complete 48,720
46,260
12,760 units, 1/5 complete
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Prepare a production cost report for the Welding Department for the month of February.