do in or OpenStax Principles of Accounting, Polume 3: Managerial Accounting Chapter 3: Process Costing PATILO 5.4 Given the following information, prepare a production report with materials added at the beginning and ending work in process inventory being 25% complete with regard to conversion con Costs to Account For Units to Account For Beginning inventory materials $5,000 Beginning work in process 3,500 Beginning inventory conversion 1.000 Units started into production 35,000 Direct material 24,170 Transferred out 84,000 Direct labor 44.500 Applied overhead 12,400 Transferred in materials 8.000 Transferred in conversion 10,200 Total costs to account for $105,270 Solution Completed and transferred out Ending work in process Total units to account for Work in process completion percent Material Units Conversion Units Total Units Completed and transferred out Ending work in process Total units to account for Materials Conversion Total Costs to Account For Beginning work in process Transferred in Incurred during the period Total costs to account for Equivalent units Cost per equivalent unit for department Transferred-out costs End work in process: materials End work in process: conversion End work in process: total Costs to account for Computation (The following table is optional)