Everett Company's inventory at December 31, and the costs charged to Work in Process-Department B during December are as follows: $3,460 36,300 500 units, 60% completed From Department A, 10,000 units Direct labor Factory overhead 7,960 12,500 During December, all direct materials are transferred from Department A, the units in process at December 1 were completed. Of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first out method Prepare a cost of production report for December Round your cost per equivalent unit amounts to two decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter "0" as answer Everett Company Cost of Production Report--Department 8 For the Month Ended December 31 Unit formation Units charged to production: Inventory in process, December 1 Receved from Department A Total units accounted for by Department B Previous Equivalent Units Direct Materials Conversion Whole Units Inventory in process, December 1 (60% completed) Started and completed in December Transferred to finished goods in December Inventory in process, December 31 (25% complute) Total units to be assigned costs Cost Information COSTS: Direct Materials Conversion Costs Costs Units costs Total costs for December, Department Total equivalent units Cost per equivalent unit Costs charged to production Direct Materials Costs Conversion Cost Total Costs December 1 Direct Materials Conversion Costs Costs Units costs: Total costs for December, Department B Total equivalent units Cost per equivalent unit Costs charged to production: Direct Materials Costs Conversion Costs Total Costs Inventory in process, December 1 Costs incurred in December Total costs accounted for by Department B Costs allocated to completed and partially completed units: Inventory in process, December 1, bal. To complete inventory process, December 1 Started and completed in December Transferred to finished goods in December Inventory in process, December 31 Total costs assigned by Department B