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. Al materials are placed into production at the beginning of the blending process. Alter 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 weg Department ACCOUNT NO. Date Item Debit Credit Debit Credit Oct. 1 Bal 2,300 units, 3/5 completed 31 Direct materials, 26.000 units 31 Direct labor 31 Factory overhead 31 Goods transferred 25.700 units 31 Bal 2 units, 1/5 completed Required: ding Department of an amount is zero enter o f required, round your cost per 1. Prepare a cost of production report, and identify the missing amour equivalent unit answers to the nearest cent. Bavarian Chocolate Company Cost of Production Report-slending Department For the Month Ended October 31 Units charged to production Inventory in process. October 1 Received from material storeroom Total units accounted for by the ending Department Unt to be igned cost Transferred to Molding Department in October Inventory in process, October 31 Total units to be assigned costs Cost Information Cost per equivalent unit Direct Total costs for October in Blending Department Total equivalent units Cost per equivalent unit Costs assigned to production: Direct Materials Conversion 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 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 the decimal places. crease or Decrease Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit