Question: Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending
Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly; the ending inventory is complete. The company uses the weightedaverage method.
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Begin with the equivalent units of production for direct materials and for conversion costs.
Nathan Company
Production Cost Report Finishing Department
Month Ended September
per equivalent unit amounts to the nearest cent and all other amounts to the nearest dollar. Abbreviation used: EUP equivalent units of production.
Nathan Company
Production Cost Report Finishing Department
Month Ended September
costs
Costs to account for:
Beginning workinprocess
Costs added during period
Total costs to account for
Divided by: Total EUP
Cost per equivalent unit
Costs accounted for:
Completed and transferred out
Ending workinprocess
Total costs accounted for
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