Instruction Cost of Production Report Instruction Stevens Company's inventory on March 1 and the costs charged to Work in Process-Department B during March are as follows: Beginning work in process, 12,000 units, 60% completed From Department A, 55,000 units started this period $62,400 Direct materials added Direct labor incurred 115,500 384.915 138,000 Factory overhead incurred During March, all direct materials were transferred from Department A, the units in process at March 1 were completed, and of the 55,000 units entering the department, all were completed except 6,000 units which were 70% completed. Inventories are costed by the first-in, first-out method. Required: Prepare a cost of production report for March. Round cost per equivalent unit to four decimal places and the other answers to the nearest dollar If your answer is zero, enter "0" instruction Cost of Production Report Cost of Production Report UNITS Stevens Company Cost of Production Report-Department B For the Month Ended March 31 Units charged to production: Inventory in process, March 1 Received from Department A Total units accounted for by Department B Units to be assigned costs: Inventory in process, March 1 (60% completed) Started and completed in March Transferred to finished goods in March Check My Work 1 more Check My Work uses remaining. Equivalent Units Whole Units Direct Materials Conversion Previous Instruction Cost of Production Report Cost of Production Report Inventory in process, March 11 Received from Department A Total units accounted for by Department B Units to be assigned costs: Inventory in process, March 1 (60% completed) Started and completed in March Transferred to finished goods in March Inventory in process, March 31 (70% complete) Total units to be assigned costs V Costs COSTS Direct Materials Conversion Total Costs per equivalent unit Previous V Instruction Cost of Production Report Cost of Production Report COSTS Costs per equivalent unit Total costs for March in Department B Total equivalent units Costs Direct Materials Conversion Total Cost per equivalent unit Costs charged to production: Inventory in process, March 11 Costs incurred in March Total costs accounted for by Department B Costs allocated to completed and partially completed units Inventory in omnese March 1.halance Previous Instruction Cost of Production Report Cost of Production Report Costs charged to production: Inventory in process, March 1 Costs incurred in March Total costs accounted for by Department B Costs allocated to completed and partially completed units: Inventory in process, March 1, balance To complete inventory in process, March 1 Cost of completed March 1 work in process Started and completed in March Transferred to finished goods in March Inventory in process, March 311 Total costs assigned by Department B Check My Work uses remaining Previous