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Preparing production cost report, missing amounts Complete the missing amounts in the following production report

Accounting Nov 11, 2021

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 costs are incurred evenly; the ending inventory is 60% complete.

DAWSON COMPANYProduction Cost Report—FINISHING DEPARTMENTMonth Ended September 30, 2022Equivalent UnitsUNITS

Whole Units

Transferred In

DirectConversion

Materials

CostsUnits to account for:Beginning work-in-process200Started in production2,3Total 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

DirectConversionTotal

Materials

CostscostsCosts to account for:Beginning work-in-processn/a$ 1,100(j)$ 2,150Costs added during periodn/a12,657,575(k)Total costs to account forn/a(l)8,62522,375Divided by: Total EUPn/a(m)(n)Cost per equivalent unitn/a(o)(p)(q)Costs accounted for:Completed and transferred outn/

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