Required: Trout, Incorporated, adds direct materials at the beginning of the process, while conversion costs are incurred uniformly throughout the process. At the beginning of the period, Work in Process Inventory was 40% complete. At the end of the period, Work in Process Inventory was 70% complete. Trout, Incorporated, started the following production report: Complete the production report by filling in the missing amounts. Note: Round your "Cost per Equivalent Unit" answers to 2 decimal places. UNITS TROUT, INCORPORATED Process Costing Production Report (Weighted Average Method) Units to be accounted for: Beginning Work in Process Step 1: Physical Units 3,050 Started into Production Total units 7,900 Step 2 Equivalent Units Direct Conversion Units accounted for: Materials Cost Completed and transferred 3,700 3,700 Ending Work in Process 4,200 4,200 Total units 7,900 7,900 6,640 COSTS Beginning inventory Current period costs Total manufacturing costs Equivalent units Cost per equivalent unit Cost to be accounted for. Beginning Work in Process Current period costs Total manufacturing costs Cost accounted for: Units completed and transferred Ending inventory Total manufacturing costs Step 3: Cost per Equivalent Unit Direct Conversion Materials $ Cost Total Cost 16,200 $ 12,600 $ 28,800 149,700 226,440 376,140 $ 165,900 $239,040 $ 404,940 7,900 6,640 $ 36.00 Step 4: Reconcile Work in Process Direct Materials Conversion Cost Total Cost $ 16,200 $ 12,600 $ 28,800 149,700 226,440 376,140 $ 165,900 $239,040 $ 404,940 $ 133,200 105,840 $165,900 $239,040 S 404,940)