Need help on the errors those are wrong. I will be putting thumbs up if correct. thanks!
Stevens Company's inventory on March 1 and the costs charged to Work in Process Department during March are as follows: $62,400 Beginning work in process, 12,000 units, 60% completed From Department A, 55,000 units started this period Det materials added Direct labor curred Factory overhead incurred 115,500 384,915 3,000 During March, 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 that were 70% completed Inventories are costed by the first in, first-out method Prepare a cost of production report for March required, cound your cost per equivalent ont amounts to four decimal places. Round all other amounts to the nearest dollar. If an amount values zero entero answer Stevens Company Cost of Production Report Departments For the Month Ended March 31 Unit Information Units charged to production Inventory in proces, March 1 12.000 eved from Department 15,000 Tuled for by Department 67.000 Next Stevens Company Cost of Production Report-Department B For the Month Ended March 31 12,000 Unit Information Units charged to production: Inventory in process, March 1 Received from Department A Total units accounted for by Department B Units to be assigned cost: 55,000 67,000 Equivalent Units Direct Materials Conversion Whole Units Inventory in process, March 1 (60% completed) Started and completed in March 12,000 0 4.800 49,000 49,000 49,000 Transferred to finished goods in March Inventory in process, March 31 (70% completed) 61.000 53,800 49,000 6,000 6,000 4,200 Total units to be assigned costs 67,000 55,000 58,000 Cost Information COSTS: Direct Materials Conversion COSTS: Direct Materials Conversion 115,500 $ 522,916 X 55,000 58,000 Costs per equivalent unit: Total costs for March in Department B Total equivalent units Cost per equivalent unit Costs assigned to production: 2.10 9.02 X Direct Materials Costs Conversion Costs Total Costs 62.400 Inventory in process, March 1 Costs incurred in March 638,416 X 700,816 X Total costs accounted for by Department B Costs allocated to completed and partially completed units: Inventory in process, March 1, balance 62.400 To complete inventory in process, March 1 0 43,276 43,276 Started and completed in March 102,900 441,774 544,674 Transferred to finished goods in March 650,350 Inventory in process, March 31 12,600 37,866 50,466 Total costs assigned by Department B 700,816 My Wiko more Check My Work uses remaining