Cost of Production Report Instruction Everett Company's inventory at December 31, and the costs charged to Work in Process-Department B during December are as follows: 500 units, 60% completed From Department A, 10,000 units Direct labor Factory overhead 3,460 36,300 7,960 12,500 During December, all direct materials are transferred from Department A, the units in process at December 1 were completed. Of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method. Required: Prepare a cost of production report for December. Round cost per equivalent unit to four decimal places and the other answers to the nearest dolar