Problem 4. Evans Corporation produces a product that passes through two departments. For March, the following information from the baking department was collected: Percent Completed Units Materials Conversion Work in process, beginning 25,000 100% 40% Started into production 85,000 Completed and transferred out 90,000 Work in process, ending 20,000 100% 60% Materials Conversion Work in process, beginning Cost added during March $71,000 $38,080 $215,200 $170,000 Required: Prepare a Production Report for March (in the proper format) for the Baking Department.

Cornerstones of Cost Management (Cornerstones Series)
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ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter6: Process Costing
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Problem 4.
Evans Corporation produces a product that passes through two departments. For March, the following information from
the baking department was collected:
Percent Completed
Units
Materials
Conversion
Work in process, beginning
25,000
100%
40%
Started into production
85,000
Completed and transferred out
90,000
Work in process, ending
20,000
100%
60%
Materials
Conversion
Work in process, beginning
Cost added during March
$71,000 $38,080
$215,200 $170,000
Required:
Prepare a Production Report for March (in the proper format) for the Baking Department.
Transcribed Image Text:Problem 4. Evans Corporation produces a product that passes through two departments. For March, the following information from the baking department was collected: Percent Completed Units Materials Conversion Work in process, beginning 25,000 100% 40% Started into production 85,000 Completed and transferred out 90,000 Work in process, ending 20,000 100% 60% Materials Conversion Work in process, beginning Cost added during March $71,000 $38,080 $215,200 $170,000 Required: Prepare a Production Report for March (in the proper format) for the Baking Department.
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