Erin Company's inventory at December 1, and the costs charged to Work in ProcessDepartment B during December are as follows: 1,200 units, 40% completed $ 47,800 From Department A, 26,000 units 845,000 Direct labor 312,000 Factory overhead 176,770 During December, all direct materials are transferred from Department A, the units in process at December 1 were completed, and of the 26,000 units entering the department, all were completed except 1,000 units which were 70% completed as to conversion costs. Inventories are costed by the first-in, first-out method. Required: Prepare a cost of production report for December. Round cost per equivalent unit to two decimal places and the other answers to the nearest dollar.

Erin Company's inventory at December 1, and the costs charged to Work in ProcessDepartment B during December are as follows:

1,200 units, 40% completed	$ 47,800
From Department A, 26,000 units	845,000
Direct labor	312,000
Factory overhead	176,770

During December, all direct materials are transferred from Department A, the units in process at December 1 were completed, and of the 26,000 units entering the department, all were completed except 1,000 units which were 70% completed as to conversion costs. Inventories are costed by the first-in, first-out method.

Required:

Prepare a cost of production report for December. Round cost per equivalent unit to two decimal places and the other answers to the nearest dollar.

Prepare a cost of production report for December. Round cost per equivalent unit to two decimal places and the other answers to the nearest dollar.

Erin Company
Cost of Production ReportDepartment B
For the Month Ended December 31
UNITS	Whole Units	Equivalent Units
		Direct Materials	Conversion
Units charged to production:
Inventory in process, December 1
Received from Department A
Total units accounted for by Department B
Units to be assigned costs:
Inventory in process, Dec. 1 (40% completed)
Started and completed in December
Transferred to finished goods in December
Inventory in process, Dec. 31 (70% complete)
Total units to be assigned costs

COSTS	Costs
	Materials	Conversion	Total
Costs per equivalent unit:
Total costs for December in Dept. B
Total equivalent units
Cost per equivalent unit
Costs charged to production:
Inventory in process, December 1
Costs incurred in December
Total costs accounted for by Dept. B
Costs allocated to completed and
partially completed units:
Inventory in process, Dec. 1, balance
To complete inventory in process, December 1
Started and completed in December
Transferred to finished goods in Dec.
Inventory in process, Dec. 31
Total costs assigned by Dept. B