Skittles Company's inventory on March 1 and the costs charged to Work in ProcessDipping Department during March are as follows: Beginning work in process, 500 units, 60% completed $ 3,460 From Sugar Mixing Department, 10,000 units (direct materials) 36,300 Direct labor incurred 7,960 Factory overhead incurred 12,500 During March, all direct materials were transferred from the Mixing Department, the units in process at March 1 were completed, and of the 10,000 units entering the department, all were completed except 1,200 units that were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method. Prepare a cost of production report for March. Round unit cost data to four decimal places and total cost to nearest cent. You do not need to enter dollar signs ($). Be sure to double-check your answers. A typo will be marked as incorrect. M&M Company Cost of Production Report - Dipping Department For the Month Ended March 31 Unit Information Units charged to production: Inventory in Process, March 1 500 Received from Mixing Dept Total units accounted for by Dipping Department Units to be assigned Cost: Whole Units Direct Materials (Equivalent Units) Conversion Costs (Equivalent Units) Inventory in Process, March 1 (60% Complete) 500 Started and Completed in March 8,800 Transferred to Finished Goods in March 9,000 Inventory in Process, March 31 (70% Complete) 1,200 Total units to be assigned costs 10,500 9,300 Cost Information: Direct Materials Conversion Costs per equivalent unit: Total costs for March in Dipping Department $36,300 Total equivalent units Cost per equivalent unit $2.20 Costs assigned to Production Total Costs Inventory in process, March 1 $3,460 Costs incurred in March Total costs accounted for by Dipping Department $ Costs Allocated to completed and partially completed units: Direct Materials Cost Conversion Costs Total Costs Inventory in process, March 1, balance $ To complete inventory in process, March 1 $ $440 Started and completed in March 31,944 Transferred to finished goods in March $55,204 Inventory in process, March 31 4,356

Total costs assigned by Dipping Department $60,220