Cost of Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October 31: ACCOUNT Work in Process-Blending Department ACCOUNT NO. Balance Balance Date Item Debit Credit Debit Credit October 1 Bal., 2,300 units, 3/5 completed 46,368 31 Direct materials, 26,000 units 429,000 475,368 31 Direct labor 100,560 575,928 31 Factory overhead 48,480 624,408 31 Goods transferred, 25,700 units 31 Bal., 2 units, 1/5 completed Required: 1. Prepare a cost of production report, and identify the missing amounts for Work in Process-Blending Department. If an amount is zero enter "0". If required, round your cost per equivalent unit answers to the nearest cent. Bavarian Chocolate Company Cost of Production Report-Blending Department For the Month Ended March 31 Units Equivalent Units Equivalent Units Whole Units Direct Materials Conversion Units Units charged to production: Inventory in process, October 1 Bavarian Chocolate Company Cost of Production Report-Blending Department For the Month Ended March 31 Received from materials storeroom Total units accounted for by the Blending Department Units to be assigned costs: Inventory in process, October 1 Started and completed in October Transferred to Molding Department in October Inventory in process, October 31 Total units to be assigned costs Costs Cost per equivalent unit: Total costs for October in Blendino Department Whole Units Equivalent Units Equivalent Units Direct Materials Conversion Costs Direct Materials Conversion Total Costs Cost per equivalent unit: Total costs for October in Blending Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Blending Department Costs allocated to completed and partially completed units: Inventory in process, October 1 balance To complete inventory in process, October 1 Cost of completed October 1 work in process Started and completed in October Transferred to Molding Department in October Inventory in process, October 31 Total costs assigned by the Blending Department Costs Direct Materials Conversion Total 00 000 DO Costs assigned to production: Inventory in process, October 11 Costs incurred in October Total costs accounted for by the Blending Department Costs allocated to completed and partially completed units: Inventory in process, October 1 balance i To complete inventory in process, October 1 Cost of completed October 1 work in process Started and completed in October Transferred to Molding Department in October Inventory in process, October 31 Total costs assigned by the Blending Department 000 2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October. If required, round your answers to two decimal places. Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit Increase or Decrease Amount