1. Prepare a cost of production report for the Filling Department for January. If an amount is zero, enter "os, If required, round vour cost per equivalent unit arswers to the nearest cent Equivalent Units and Relatad Costs; Cat of Production Reporty Entries Department, the materisis pass through the Reaction and Fiting departments, emerging as finished chervicals. The balance in the account Work in Process - Flling was as follaws on January 1: The follawing costs were charged to Work in Process-Filing during January: Required: nearest cent: entry, leave it blank. to two decimal places. 4. Discuss the uses of the cost of production report and the resuits of purt (3). The cost of production report mar be ised as the basis for allocating product cost between and The report can aso be used to control costs by holding each department head responsuble for the units entering production and the costs incurred in the ofepartonent. Any differences in unit product costs frpm one month to another, such as those in part (3), can be stuctod carefully and any sonificant differences investagated. Costs Costs Cost per equivalent unit: Total conts for January in Filling Department Total equvalent units Cont per equivalent unit Costs assigned to production: Inventory in process, danuary 1 Corts incurred in tanuary Total costs accounted for by the Filling Department. Costs allocated to completed and partially completed unts: Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed Janvary 1 work in process started and completed in January Transferted to finished goods in January Inventory in process, January 31 Totat costs assigned by the Filing Department Total 2. Joumalize the entries for (1) costs transferred from Reoction to Filing and (2) the cost transferred from filling to Finished Goods. If an amount box does not require an