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 ProcessFilling was as follows on January 1: Work in ProcessFilling Department (5,300 units, 30% completed): Direct materials (5,300 x $13.60) $72,080 Conversion (5,300 x 30% x $8.80) 13,992 $86,072 The following costs were charged to Work in ProcessFilling during January: Direct materials transferred from Reaction Department: 68,400 units at $13.30 a unit $909,720 Direct labor 324,500 Factory overhead 311,772 During January, 67,800 units of specialty chemicals were completed. Work in ProcessFilling Department on January 31 was 5,900 units, 50% completed. Required: 1. Prepare a cost of production report for the Filling Department for January. If an amount is zero, enter "0". If required, round your cost per equivalent unit answers to two decimal places. Dover Chemical Company Cost of Production Report-Filling Department For the Month Ended January 31 Unit Information Units charged to production: Inventory in process, January 1 fill in the blank ff1a6f048fb507c_1 Received from Reaction Department fill in the blank ff1a6f048fb507c_2 Total units accounted for by the Filling Department fill in the blank ff1a6f048fb507c_3 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, January 1 fill in the blank ff1a6f048fb507c_4 fill in the blank ff1a6f048fb507c_5 fill in the blank ff1a6f048fb507c_6 Started and completed in January fill in the blank ff1a6f048fb507c_7 fill in the blank ff1a6f048fb507c_8 fill in the blank ff1a6f048fb507c_9 Transferred to finished goods in January fill in the blank ff1a6f048fb507c_10 fill in the blank ff1a6f048fb507c_11 fill in the blank ff1a6f048fb507c_12 Inventory in process, January 31 fill in the blank ff1a6f048fb507c_13 fill in the blank ff1a6f048fb507c_14 fill in the blank ff1a6f048fb507c_15 Total units to be assigned costs fill in the blank ff1a6f048fb507c_16 fill in the blank ff1a6f048fb507c_17 fill in the blank ff1a6f048fb507c_18 Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for January in Filling Department $fill in the blank ff1a6f048fb507c_19 $fill in the blank ff1a6f048fb507c_20 Total equivalent units fill in the blank ff1a6f048fb507c_21 fill in the blank ff1a6f048fb507c_22 Cost per equivalent unit $fill in the blank ff1a6f048fb507c_23 $fill in the blank ff1a6f048fb507c_24 Costs charged to production: Direct Materials Conversion Total Inventory in process, January 1 $fill in the blank ff1a6f048fb507c_25 Costs incurred in January fill in the blank ff1a6f048fb507c_26 Total costs accounted for by the Filling Department $fill in the blank ff1a6f048fb507c_27 Cost allocated to completed and partially completed units: Inventory in process, January 1 balance $fill in the blank ff1a6f048fb507c_28 To complete inventory in process, January 1 $fill in the blank ff1a6f048fb507c_29 $fill in the blank ff1a6f048fb507c_30 fill in the blank ff1a6f048fb507c_31 Cost of completed January 1 work in process $fill in the blank ff1a6f048fb507c_32 Started and completed in January fill in the blank ff1a6f048fb507c_33 fill in the blank ff1a6f048fb507c_34 fill in the blank ff1a6f048fb507c_35 Transferred to finished goods in January $fill in the blank ff1a6f048fb507c_36 Inventory in process, January 31 fill in the blank ff1a6f048fb507c_37 fill in the blank ff1a6f048fb507c_38 fill in the blank ff1a6f048fb507c_39 Total costs assigned by the Filling Department $fill in the blank ff1a6f048fb507c_40 2. Journalize the entries for (1) costs transferred from Reaction to Filling and (2) the costs transferred from Filling to Finished Goods. (1) fill in the blank 93188ff98076ffe_2 fill in the blank 93188ff98076ffe_4 (2) fill in the blank 93188ff98076ffe_6 fill in the blank 93188ff98076ffe_8 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. Increase or Decrease Amount Change in direct materials cost per equivalent unit $fill in the blank e4766b047f92fe7_2 Change in conversion cost per equivalent unit fill in the blank e4766b047f92fe7_4 4. The cost of production report may be used as the basis for allocating product costs between and . The report can also 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.