Calculator Stevens Company's inventory on March 1 and the costs charged to Work in Process-Department B during March are as follows: $62,400 Beginning work in process, 12,000 units, 50% completed From Department A, 55,000 units started this period Direct materials added Direct labor incurred Factory overhead incurred 115,500 384,916 138,000 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 that were 70% completed. Inventories are costed by the first-in, first-out method. Prepare a cost of production report for March. If required, round your cost per equivalent unit amounts to four decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter "O" as answer. Stevens Company Cost of Production Report --Department B For the Month Ended March 31 Unit Information Units charged to production: Inventory in process, March 1 Received from Dept. A Total units accounted for by Dept. B Units to be assigned cost: Equivalent Units Whole Inventory in process, March 1 (60% completed) Started and completed in March Check My Vid Inventory in process, March 31 (70% complete) Total units to be assigned costs Cost Information COSTS: Costs per equivalent unit: Total costs for March in Dept. B Total equivalent units Cost per equivalent unit Costs charged to production Materials Conversion Total Inventory in process, March 1 Costs incurred in March Total costs accounted for by Dept. B Costs 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 Dept. B