direct materials are added at the beginning of the process ending inventory is 95 pe 649364

PRODUCTION REPORT, NO BEGINNING INVENTORY Deercreek Company manufactures insect repellant. The mixing department, the first process department, mixes the chemicals required for the repellant. The following data are for 2007:

Work in process, January 1, 2007

Gallons started

300,000

Gallons transferred out

25,000

Direct materials cost

$300,000

Direct labor cost

$595,200

Overhead applied

$892,800

Direct materials are added at the beginning of the process. Ending inventory is 95 percent complete with respect to direct labor and overhead.

Required:

Prepare a production report for the mixing department for 2007.