Stevens Company's inventory on March 1 and the costs charged to Work in Process—Department B during March are as follows:

Beginning work in process, 12,000 units, 60% completed	$ 62,400
From Department A, 55,000 units started this period
Direct materials added	115,500
Direct labor incurred	384,916
Factory overhead incurred	138,000

During March, all direct materials were transferred from Department A, the units in process at March 1 were completed, and of the 55,000 units entering the department, all were completed except 6,000 units which were 70% completed. Inventories are costed by the first-in, first-out method.

Stevens Company
Cost of Production Report—Department B
For the Month Ended March 31
UNITS	Whole Units	Equivalent Units
		Direct Materials	Conversion
Units charged to production:
Inventory in process, March 1
Received from Department A
Total units accounted for by Dept. B
Units to be assigned costs:
Inventory in process, March 1 (60% completed)
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31 (70% complete)
Total units to be assigned costs

COSTS	Costs
	Direct Materials	Conversion	Total
Costs per equivalent unit:
Total costs for March in Dept. B
Total equivalent units	÷	÷
Cost per equivalent unit
Costs charged to production:
Inventory in process, March 1
Costs incurred in March
Total costs accounted for by Department B
Cost allocated to completed and
partially completed units:
Inventory in process, March 1, balance
To complete inventory in process, March 1
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31
Total costs assigned by the Dept. B