PA12. LO 5.4 Complete this production cost report:

Solution

Beginning inventory	20,000
Started during the month	75,000
Total units to account for
Completed and transferred out	70,000
Ending work in process
Total units accounted for
Work in process completion percent	100	25
	Material Units	Conversion Units	Total Units
Completed and transferred out	70,000	70,000	70,000
Ending work in process
Total units to account for
Costs to Account For	Materials	Conversion	Total
Beginning work in process	$3,500	$16,000	$19,500
Transferred in
Incurred during the period	$25,000	$45,000	$70,000
Total costs to account for
Equivalent units
Cost per equivalent unit for department
Transferred-out costs
End work in process: materials
End work in process: conversion
End work in process: total
Costs to account for