prepare a cost of production report round to the nearest cent when computing cost per equivalent

The folowing is a partiel wark in proceis accouts of the Doating Departinent at March 31 : Hequired: cent. Required: cent. PRACIICE CHAPIER 3 HW Conts Costs Cait per ecolvalent unt Direct Materials Celreersion Total Total couts foe Merch in Anatbing Oepatment Cost wer equivalent uni Catti mulqued to production: Imentor in procks, Merch 1 Coste incurred in March fotal cants atcouried for by the Rontiry Beparment. Inertary in process, March 1 beianee Do complea knentery in srocats, March : biates and completes in Mirch Inether is proces, Morch 31 2. Astuming that the March 1 work in process inventary includes $12,400 of direct materiels, determine the increase or decrease in the cost per equivaient unit for direct maseriots and convenion between f March. If required, round your answers to two decimal places. Fintis and compieted, and the ending inventery. givin