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Exercise 16-13 The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2017. All materials are added at the beginning of the process. Manufacturing Costs Production Data Beginning work in process Beginning work in process 14,800 units, 1/10 complete Materials $18,500 Units transferred out 55,400 Conversion costs 14,760 $33,260 Units started 51,400 Materials 241,004 Ending work in process 10,800 units, 1/5 complete Labor 67,000 Overhead 61,564 Prepare a production cost report for the Welding Department for the month of February. (Round unit costs to 2 decimal places, eg. 2.25 and all othar answers to decimal places, eg. 1,225.) HEALTHY MANUFACTURING COMPANY Welding Department Production Cost Report For the Month Ended February 28, 2017 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, February 1 Started into production Total units Units accounted for Transferred out Work in process, February 28 Total units Costs Materials Conversion Costs Total Unit costs Total Costs Equivalent units Work in process, February 28 Total units Materials Conversion Costs Total Costs Unit costs Total Costs Equivalent units Unit costs $ Costs to be accounted for Work in process, February 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, February 28 Materials Conversion costs I Total costs Click if you would like to Show Work for this question: Open Show Work