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. Required Fill in the missing information in Marion's Production Cost Report for the month of December Marion Chemicals Production Cost Report December 2011 Unit Reconciliation Units in beginning WIP (100% material, 10% conversion costs) 8,000 Units started during December ? Units to account for ? Units completed ? Units in ending WIP (100% material, 20% conversion costs) 4,000 Units accounted for ? Cost per Equivalent Unit Calculation Material Labor Overhead Total Cost Beginning WIP $45,200 $10,500 $26,300 $ 82,000 Cost incurred in December ? ? ? ? Total ? ? ? ? Units Units completed ? ? ? Equivalent units, ending WIP ? ? ? Total ? ? ? Cost per equivalent unit $1.70 $1.32 $2.64 ? Cost Reconciliation Total cost to account for $2,896,568 Cost of completed items $2,886,600 Cost of ending WIP Material $? Labor ? Overhead ? ? Total cost accounted for $2,896,568