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 December 31 60% $140,400 12,000 5,000 14,000 40% Started in December: Direct materials cost Conversion cost Completed in December 106,400 70,310 21,000 Prepare 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 Report-Department 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: Whole Units Equivalent 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 Conversion Costs 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