Percent Completed Pulping Conversion 100% 80% 100% 7595 Units 2,500 7.600 Work in process inventory, March 1 Work in process inventory, March 31 Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 Units transferred to the next production department Pulping cost added during March Conversion cost added during March $ 1,050 $ 600 145,000 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibers transferred in from the Pulping Department. Wet fiber is processed in the Drying Department in batches, each unit in the above table is a batch and one batch of wet fibers produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Determine the equivalent units for March for pulping and conversion Pulping Conversion Equivalent units of production 2. Compute the costs per equivalent unit for March for pulping and conversion. (Round your answers to 2 decimal places.) Pulping Conversion Cost per equivalent unit 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Finishing Department in March (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar.) Total Cost of ending work in process inventory Cost of units completed and transferred out 4. Prepare a cost reconciliation report for the Drying Department for March. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar.) Drying Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows: Total cost accounted for