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 (3,400 units, 60% completed): Direct materials (3,400 x $9.58) Conversion (3,400 X 60% x $3.90) $32,572 7,956 $40,528 The following costs were charged to Work in Process-Filling during January: $496,850 Direct materials transferred from Reaction Department: 52,300 units at $9.50 a unit Direct labor Factory overhead 101,560 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: 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 the nearest cent. 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 Received from Reaction Department 3,400 52,300 55,700 Total units accounted for by the Filling Department Units to be assigned costs: Whole Units Equivalent Units Direct Conversion Materials 3,400 0 1,360 Inventory in process, January 1 Started and completed in January Transferred to finished goods in January 49,600 49,600 49,600 53,000 49,600 50,960 Inventory in process, January 31 2,700 2,700 810 Total units to be assigned costs 55,700 52,300 51,770 Total units to be assigned costs 55,700 52,300 51,770 Cost Information Cost per equivalent unit: Direct Conversion Materials 496,850 $ 196,726 Total costs for January in Filling Department Total equivalent units 52,300 51.770 9.5 $ 3.8 Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Total $ 40,528 693,576 734,104 Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Filling Department Costs 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 40,528 0 $ Direct Materials Conversion Total costs for January in Filling Department 496,850 196,726 Total equivalent units 52,300 51.770 9.5 3.8 Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Total 40,528 Inventory in process, January 1 Costs incurred in January 693,576 734,104 40,528 Total costs accounted for by the Filling Department Costs 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 0 $ $ Inventory in process, January 31 Total costs assigned by the Filling Department