Question: Preparing production cost report, missing amounts Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion

DAWSON COMPANY Production Cost Report-FINISHING DEPARTMENT Month Ended September 30, 2022 EquivalentPreparing production cost report, missing amounts 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 60% complete. DAWSON COMPANY Production Cost Report—FINISHING DEPARTMENT Month Ended September 30, 2022 Equivalent Units UNITS Whole Units Transferred In Direct Conversion Materials Costs Units to account for: Beginning work-in-process200 Started in production2.3 Total units to account for(a) Units accounted for: Completed and transferred out(b)n/a(d)(g) Ending work-in-process500n/a(e)(h) Total units accounted for(c)n/a(f)(i) COSTS Transferred In Direct Conversion Total Materials Cost s costs Costs to account for: Beginning work-in-process n/a$ 1,100(j)$ 2,150 Costs added during period n/a12.657.575(k) Total costs to account for n/a(l)8.62522.375 Divided by: Total EUP n/a(m)(n) Cost per equivalent unit n/a(o)(p)(q) Costs accounted for: Completed and transferred out n/a(r)(s)(t) Ending work-in-process n/a(u)(v)(w) Total costs accounted for n/a(x)(y)$ 22,375

DAWSON COMPANY Production Cost Report-FINISHING DEPARTMENT Month Ended September 30, 2022 Equivalent Units Direct Conversion Whole Transferred UNITS Units In Materials Costs Units to account for: Beginning work-in-process 200 Started in production 2.3 Total units to account for (a) Units accounted for: Completed and transferred out (b) n/a (d) (g) Ending work-in-process 500 n/a (e) (h) Total units accounted for (). n/a (i) Direct Conversion Total Transferred COSTS In Materials Costs costs Costs to account for: Beginning work-in-process Costs added during period n/a $1,100 U)' $2,150 n/a 12.65 7.575 (k) Total costs to account for n/a 8.625 22.375 Divided by: Total EUP n/a (m) (0) (n) (p) Cost per equivalent unit n/a Costs accounted for: Completed and transferred out n/a (r) (5) (t) Ending work-in-process n/o (v) (w) Total costs accounted for n/a (x) (y)' $ 22,375

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