Austin Co. manufactures a product called Aster in a three-process series. All materials are introduced at the beginning of the first process. Austin uses the first-in, first-out method of inventory costing. Unit and cost data for the first process (Department A) for the month of December follow:

Units	Completion	Cost
Work in process inventory:
December 1	12,000	60%	$140,400
December 31	5,000	40%	?
Started in December:	14,000
Direct materials cost			106,400
Conversion cost			70,310
Completed in December	21,000		?

	Required:
	Prepare Austin's Department A cost of production report for December. Round cost per equivalent unit to two decimal places and the other answers to the nearest dollar. If an answer is zero, enter “0”.

Cost of Production Report

Prepare Austin's Department A cost of production report for December. Round cost per equivalent unit to two decimal places and the other answers to the nearest dollar. If an answer is zero, enter “0”.

Austin Company
Cost of Production Report—Department A
For the Month Ended December 31
UNITS	Whole Units	Equivalent Units
		Direct Materials	Conversion
Units charged to production:
Inventory in process, Dec. 1
Received from materials storeroom
Total units accounted for by Dept. A
Units to be assigned costs:
Inventory in process, Dec. 1 (60% completed)
Started and completed in December
Transferred to Dept. B in December
Inventory in process, Dec. 31 (40% complete)
Total units to be assigned costs

COSTS	Costs
	Direct Materials	Conversion	Total
Costs per equivalent unit:
Total costs for December in Dept A
Total equivalent units	÷	÷
Cost per equivalent unit
Costs charged to production:
Inventory in process, Dec. 1
Costs incurred in December
Total costs accounted for by Dept. A
Costs allocated to completed and
partially completed units:
Inventory in process, Dec. 1, balance
To complete inventory in process, Dec. 1
Started and completed in December
Transferred to finished goods in December
Inventory in process, Dec. 31
Total costs assigned by Dept. A