PRODUCTION COST REPORT Equivalent Units Physical Units Materials Conversion Costs QUANTITIES Units to be accounted for Work in process, beginning Started into production Total units 300 1,300 Units accounted for Completed and Transferred out Work in process, ending Total units 900 400 Materials Conversion Costs Total COSTS Unit Costs Total Costs Equivalent Units Unit Cost $910,000 B $1,195,000 $263,400 Costs to be accounted for Work in process, beginning Started into production Total costs Cost Reconciliation schedule Costs accounted for Completed and Transferred out Work in process, ending Materials Conversion Costs Total costs 60,000 $1,195,000 PRODUCTION COST REPORT Equivalent Units Physical Units Materials Conversion Costs QUANTITIES Units to be accounted for Work in process, beginning Started into production Total units 300 1,300 Units accounted for Completed and Transferred out Work in process, ending Total units 900 400 Materials Conversion Costs Total COSTS Unit Costs Total Costs Equivalent Units Unit Cost $910,000 B $1,195,000 $263,400 Costs to be accounted for Work in process, beginning Started into production Total costs Cost Reconciliation schedule Costs accounted for Completed and Transferred out Work in process, ending Materials Conversion Costs Total costs 60,000 $1,195,000