Equivalent Units and Related Costs; Cost of Productbon Report; Entries Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Disalling Department. From the Distilling Department, the materiais pass through the Reaction and Filling departments, emerging as finished chemicals. The balance in the account Work in Process - Filling was as foliows on January 1 : The following costs were charged to Work in Process-Filing during January: During January, 23,000 units of speciaity chemicals were completed. Work in Process-Filling Department on January 31 was 2,000 units, 50% completed. 1. Prepare a cost of production report for the. Filing Department for January, If an amount is zero, enter "0", If required, round your cost per equivalent unit answers to two decimal places: Costs per equivalent unit: Cost Information Total costs for January in Filing Department Total equivalent units Cost per equivalent unit Costs charged to production: Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Filling Department Cost allocated to completed and partially completed units: Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed January 1 work in process Started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total costs assigned by the Filling Department 2. Journalize the entries for (1) costs transferred from Reaction to Filling and (2) the costs transferred from Flling to Finished Goods. 3. Determine the increase or decrease in the cost per equivalent unit from December to January for direct materials and conversion costs. If required, round your answers to two decimal places. 4. The cost of production report may be used as the basis for allocating product costs between be used to control costs by holding each department head responsible for the units entering production and the costs incurred in the department. Any differences in unit product costs from one month to another, such as those in part (3), can be studied carefully and any significant differences investigated