Ford Chemical Corporation produces a single product. The cooking department is the first department. Data for January 2022 is given below

Details	Units
Beginning Work in Progress (WIP) January 1, 2022	4,000
Started in January, 2022	52,000
Completed and transferred to Finished stock In January 2022	50,000
Work In Progress (WIP) on January 31, 2022	6,000

Stage of Completion of Work in Progress Beginning Ending

Materials 100% 100%

Labor and Overheads 60% 75%

The costs of the process were incurred as follows

Material Labor Overheads

Beginning WIP 22,400 10,272 9,552

Cost added in the current Month 297,960 221,425 208,921

Note

Ford Chemicals uses weighted Average method to value WIP

Required

Prepare production report for Cooking department for the month of January showing the following:

a) Equivalent units of production (4 marks)

b) Equivalent cost per unit for the period (4 marks)

c) Costs assignment to units of output (4 marks)