Chapter 20 Homework Equivalent Units and Related Costs; Cost of Production Report; Entries Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals The balance in the account Work in Process-Filling was as follows on January 1: Work in Process --Filing Department (3.600 units, Go completed): Direct materials (3,600 x $18.60) $66,960 Conversion (5,600 x 60%*$12.10) 26,136 190.096 The following costs were charged to Work in Process-Filling during January: Direct materials transferred from Reaction Department: 46,400 units at $18.40 aunt 5853,760 Direct labor 285,050 Factory overhead 273,062 During January, 46,000 units of specialty chemicals were completed. Work in Process- Filling Department on January 31 was 4,000 units, 40% completed. Required: 1. Prepare a cost of production report for the Filling Department for January. If an amount is zero, enter "O". If required, round your cost per equivalent unit answers to two decimal places. Dover Chemical Company Cost of Production Report-Filling Department For the Month Ended January 31 Unit Information Units charged to production: Inventory in process, Joy Received from Reaction Department Total units accounted for by the Filing Department Units to be assigned costs: Equivalent Units Whole Direct Units Materials Conversion Inventory in process, January Started and completed in January Transferred to the goods in January Inventory in process, January 31 Total units to be assigned costs Chapter 20 Homework Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for January in Filling Department Total equivalent units Cost per equivalent unit Costs charged to production: Direct Total Materials Conversion Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Filling Department Cost allocated to completed and partially completed units: Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed January 1 work in process Started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total costs assigned by the Filing Department Feedback Check My Work 1. Calculate equivalent units for materials and conversion costs. Calculate the cost per equivalent unit for materials and conversion costs. Calculate the costs assigned to the beginning inventory, the units started and completed, and the ending inventory