Austin Co. manufactures a product called Aster in a three-process series. All materials are introduced at the beginning of the first process. Austin uses the first-in, first-out method of inventory costing. Unit and cost data for the first process (Department A) for the month of December follow:

Units Completion Cost

Work in process inventory:

December 1 12,000 60% $140,400

December 31 5,000 40% ?

Started in December: 14,000

Direct materials cost 106,400

Conversion cost 70,310

Completed in December 21,000 ?

Preparing Austin's Department A cost of production report for December.

If required, round your cost per equivalent unit amounts to two decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter "0" as answer.

Austin Company

Cost of Production ReportDepartment A

For the Month Ended December 31

Unit Information

UNITS

Units charged to production:

Inventory in process, Dec. 1

Received from materials storeroom

Total units accounted for by Dept. A

Units to be assigned cost:

Equivalent Units

Whole Units Direct Materials Conversion

Inventory in process, Dec. 1 (60% completed)

Started and completed in December

Transferred to Dept. B in December

Inventory in process, Dec. 31 (40% complete)

Total units to be assigned costs

Cost Information

COSTS

Direct Materials Costs Conversion Costs

Costs per equivalent unit:

Total costs for December in Dept. A $ $

Total equivalent units

Cost per equivalent unit $ $

Costs charged to production:

Direct Materials Costs Conversion Costs Total

Inventory in process, Dec. 1 $

Costs incurred in December

Total costs accounted for by Dept. A $

Costs allocated to completed and partially completed units:

Inventory in process, Dec. 1, balance $

To complete inventory in process, Dec. 1 $ $

Started and completed in December

Transferred to finished goods in December $

Inventory in process, Dec. 31

Total costs assigned by Dept. A