Scribners Corporation produces fine papers in three production departments-Pulping, Drying and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut and spooled onto reels. The company uses the weighted average method in its process costing system. Data for March for the Drying Department follow Percent Completed Units Pulping Conversion Work in process inventory, March 1 Work in process inventory, March 31 100% 98 Pulping cost in work in process inventory, March 1 1.349 64 Conversion cost in work in process inventory March 1 Units transferred to the next production department 10,00 $ 52.005 Pulping cost added during March Conversion cost added during March 3,000 5.000 $ 36.007 No materials are added in the Drying Department Pulping cost represents the costs of the water transferred in from me Puping Department Wet fiber is processed in the Drying Department in batches each unit in the above table is a Batch and one coches fibers produces a set amount of dried paper that is passed on to the finishing Departme Required: 1. Compute the Drying Department's equivalent units of production for ing and conversion March 2 Compute the Drying Departments cost per equivalent unit for puling and conversion in Maren 3. compute the Drying Departments cost of riding work in processeriton for comme 4. Compute the Drying Departments cost of units transferred out to the Ring Department in care Na Required 1 Required 2 Required 3 Required 4 Required s Compute the Drying Department's equivalent units of production for pulping and conversion in March Pulping Conversion Equivalent units of production tabs belo Required 1 Rechared 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost per equivalent unit for pulping and conve decimal places. Cost per equivalent unit Pulping Conversion Required 1 Required 2 Requiled 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process inventory for pulping, convers (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Cost of ending work in process inventory Total Required 2 Required 4 Required 1 Required 2 Required 3 Reduired 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of units completed and transferred out Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Drying Department for March. (Round your intermediate calculations to 2 decimal places.) Drying Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Required 4 Scribners Corporation produces fine papers in three production departments-Pulping, Drying and Finishing. In the Pulping Department, raw materials such as wood fiber and rag cotton are mechanically and chemically treated to separate their fibers. The result is a thick slurry of fibers. In the Drying Department, the wet fibers transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut and spooled onto reels. The company uses the weighted average method in its process costing system. Data for March for the Drying Department follow Percent Completed Units Pulping Conversion Work in process inventory, March 1 Work in process inventory, March 31 100% 98 Pulping cost in work in process inventory, March 1 1.349 64 Conversion cost in work in process inventory March 1 Units transferred to the next production department 10,00 $ 52.005 Pulping cost added during March Conversion cost added during March 3,000 5.000 $ 36.007 No materials are added in the Drying Department Pulping cost represents the costs of the water transferred in from me Puping Department Wet fiber is processed in the Drying Department in batches each unit in the above table is a Batch and one coches fibers produces a set amount of dried paper that is passed on to the finishing Departme Required: 1. Compute the Drying Department's equivalent units of production for ing and conversion March 2 Compute the Drying Departments cost per equivalent unit for puling and conversion in Maren 3. compute the Drying Departments cost of riding work in processeriton for comme 4. Compute the Drying Departments cost of units transferred out to the Ring Department in care Na Required 1 Required 2 Required 3 Required 4 Required s Compute the Drying Department's equivalent units of production for pulping and conversion in March Pulping Conversion Equivalent units of production tabs belo Required 1 Rechared 2 Required 3 Required 4 Required 5 Compute the Drying Department's cost per equivalent unit for pulping and conve decimal places. Cost per equivalent unit Pulping Conversion Required 1 Required 2 Requiled 3 Required 4 Required 5 Compute the Drying Department's cost of ending work in process inventory for pulping, convers (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Cost of ending work in process inventory Total Required 2 Required 4 Required 1 Required 2 Required 3 Reduired 4 Required 5 Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. (Round your intermediate calculations to 2 decimal places.) Pulping Conversion Total Cost of units completed and transferred out Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for the Drying Department for March. (Round your intermediate calculations to 2 decimal places.) Drying Department Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Required 4