Equivalent Units and Related Costs; Cost of Production Report; Entries

Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being

introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction

and Filling departments, emerging as finished chemicals.

The balance in the account Work in Process$-$Filling was as follows on January $1$:

Work in Process$-$Filling Department

units, $60\%$ completed$)$:

Direct materials $(3,400$$$9\mathrm{.}58)$

$$32,572$

Conversion $(3,40060\%$$$3\mathrm{.}90)$

$[7,956],[$$$40,528]$

The following costs were charged to Work in Process$-$Filling during January:

Direct materials transferred from Reaction

Department: $52,300$ units at $$9\mathrm{.}50$ a unit

$$496,850$

Direct labor

$101,560$

Factory overhead

$95,166$

During January, $53,000$ units of specialty chemicals were completed. Work in Process$-$Filling Department on

January $31$ was $2,700$ units, $30\%$ completed.

Required:

Prepare a cost of production report for the Filling Department for January. If an amount box does not require

an entry, leave it blank. If required, round your cost per equivalent unit answers to the nearest cent.

Dover Chemical Company

Cost of Production Report$-$Filling Department

For the Month Ended January $31$