Marion Chemicals produces a chemical used as a base in paints. In the manufacturing process, all materials are added at the start of the process, whereas labor and overhead are added evenly throughout production. Fill in the missing information in Marion's Production Cost Report for the month of December. (Enter total cost per equivalent unit to 2 decimal places, e.g. 5.25.) Marion Chemicals Production Cost Report December 2011 Unit Reconciliation Units in beginning WIP (100% material, 10% conversion costs) 8,700 Units started during December Units to account for Units completed Units in ending WIP (100% material, 20% conversion costs) 4,300 Units accounted for Cost Per Equivalent Unit Calculation Material Labor Overhead Total Cost Beginning WIP $45,700 $14,500 $26,500 $86,700 Cost incurred in December Total Units Units completed Equivalent units, ending WIP Total Cost per equivalent unit $2.30 $2.10 $3.20 Cost Reconciliation Total cost to account for $3,910,208 Cost of completed items $3,895,760 Cost of ending WIP Material $ Labor Overhead Total cost accounted for $3,910,208