During Year 3, Anywhere, Inc. (Al) incurred the following product costs. Raw materials Labor Overhead $68,000 82,064 61,000 The Year 2 ending balance in the Work in Process (WIP) account was $29,000. Accordingly, this is the beginning WIP balance for Year 3. There were 140 units of product in beginning WIP inventory. Al started 1,840 units of product during Year 3. Ending WIP inventory consisted of 110 units that were 60 percent complete. Required Prepare a cost of production report by filling in the cells that are left blank. % Equivalent Complete Units Equivalent Unit Computations Units Beginning inventory 140 Units started 1,840 Total units available for completion Units in ending inventory (110) Units complete 1,870 Total equivalent units % 100 % 1,936 Cost per Equivalent Unit Cost Units = Cost per Unit $ 29,000 Beginning inventory Raw materials Labor Overhead Total product cost 61,000 1,936 Allocation of Product Cost Cost transferred to finished goods Cost in ending inventory Total product cost $ 240,064