7 Benoit Chemical Company (BCC) produces a variety of specialty chemicals used in the pharmaceutical industry and construction Industry. BCC spends almost 20% of its net revenues on research product development, and customer development to achieve its reputation as a high-quality producer of chemicals, a reliable supplier, and a great provider of customer service BCC has a small number of large customers, each of which typically has one or more large orders being processed at BCC at any given point in time These orders are typically completed over 1 to 3 months or longer. BCC uses job costing to keep track of total job costs over the duration of each order and process costing to keep track of monthly costs, department by department. The processing departments include mixing, reacting in which chemicals are heated and sometimes vacuum is applied), cleaning, inspecting, and packaging. Much of the total product cost is accumulated in the first two processes, mixing and reacting. The following information is for activity and costs in the first two departments during the current month The mixing department started 57.000 gallons this month. No spollage is measured in the mixing department, but a careful measurement of the loss of material in reacting is taken after the completion of the reacting process. No materials are added in the reacting process. The number of gallons lost (spoilage) is considered normal spollage and none of the costs of the spoiled units can be recovered. BCC uses the weighted average method for process costing Percentage completion for conversion costs is 60% in the mixing department for both beginning and ending inventory. The percentage completion for conversion costs for the reacting department for beginning and ending inventory is 30% and 40%, respectively Work in Process for the two departments is as follows. Reacting Mixing Department Department (gallons) (gallons) Beginning work-in-process units 45, eee 12,000 Ending work-in-process units 14,000 10.600 Normal spoilage (lost gallons) 0 2,800 Costs in the mixing department cos Materials Conversion Beginning work-in-process $ 56,820 $ 282,400 Current costs 268,654 989, 296 Transferred in beginning Work in Process costs are $242,256, and conversion costs in the reacting department are as follows: Conversion Beginning work-in-process $ 412,6Be Current costs 1,238,040 $1,650, 720 Beginning work-in-process Current costs Conversion $ 412,680 1,238,040 $ 1,650, 720 Required: 1. Prepare the production cost report for the mixing department 2. Prepare the production cost report for the reacting department Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the production cost report for the mixing department. (Round "WTAVG cost per EU" answers to 3 decimal places, Round your final answers to the nearest whole dollar amount.) Benoit Chemical Company (BCC) Production Cost Report Production Information Weighted Average Equivalent Units Physical Units Completion Direct Percentage Materials Conversion Input: Beginning WIP Direct materials 94 Conversion Units started Total to account for 0 Output Units finished (units to account for-ending WIP) % Ending WIP