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 (5,400 units, 30% completed): Direct materials (5,400 x $14.50) $78,300 Conversion (5,400 x 30% x $9.40) 15,228 $93,528 The following costs were charged to Work in Process-Filling during January: Direct materials transferred from Reaction Department: 69,700 units at $14.30 a unit $996,710 Direct labor 342,130 Factory overhead 328,718 During January, 69,100 units of specialty chemicals were completed. Work in Process-Filling Department on January 31 was 6,000 units, 40% completed. Required: 1. 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 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 Received from Reaction Department ori Total units accounted for by the Filling Department Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, January 1 Started and completed in January Transferred to finished goods in January x Inventory in process, January 31 Total units to be assigned costs Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for January in Filling Department X Total equivalent units Cost per equivalent unit $1 Costs charged to production: Direct Materials Conversion Total Inventory in process, January 1 Costs incurred in January X 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 x 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 Filling to Finished Goods. If an amount box does not require an entry, leave it blank. (1) Work in Process-Filling Department Work in Process-Reaction Department (2) Finished Goods Work in Process-Filling Department 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 Decrease $ Change in conversion cost per equivalent unit Increase