Equivalent units and Related Costs: Cost of Production Report Entre Dover Chemical Company manufactures specialty chemicals by a series of the process, as being introduced in the thing Department. From the Distilling Department, the materials pass through the Reaction and Filing departments, emerging as finished chemicals The balance in the account Work in Processing was as follows only Work in Process-Filing Department 12.000 units, 30% completed): Direct materials 2.000 x 516.) $33,400 Conversion (2.000 2304 $10.8) 6,480 $39,880 The following costs were charged to work in Processing during January Direct materials transferred from eaction Department: 25.000 units 516.4 unit $423, 120 Direct laber 105,190 Factory overhead 139,490 During January, 25.600 units of socialty chemicals were competed. Work in Processing Department on any was 2.200 units, 40 complete Required: 1. Prepare a cost of production report for the Department for sury. Interester of regre, round your costuivat unitswers to the decimalla Dover Chemical Company Cost of Production Reporting Department For the Month Ended January 31 Utform Units charged to production: Inventory s process, January Rowed from Reaction Department Total unit counted for by the Department as to be ined cost Font Us Previous re Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Filing Department Costs allocated to completed and partially completed units Inventory in process, January 1 balance To como inventory in process, January 1 Cost of completed January 1 work in proces Started and completed in January Transferred to shed goods in January Inventory la proces, January 31 Total costs assigned by the Filing Department 2. Joumalize the entries for (1) cost transferred from eaction to Filing and the cost transferred from tonished Goods (1) 3. Determine the increase order in the content to enter to format and conversion fruired, round your to the decimal Increase Decrea Am Change in direct material costar uvalent unit Change in consist per equivalent 4. Dhe there and the The cost of production report mer besed as thing duct own and The reports bewed to entre costs who each partnere units antigoducts and since then it product costs from one month to another such as these (a be wide car and offerences Inventory in process, January Costs incurred in January Total cost accounted for by the filling Department Costs allocated to completed and partially completed unit: Twentory in proces, January 1 balance To como ventory in process, January 1 Cost of completed January 1 work in process started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total cost signed by the Filing Deurnent 2. Journalize the entries for (1) cost transferred from Reaction to ring and the contrado ming tone Gootte 12) 3. Determine the case of the court for det materials and conversion or you to the decimal Enero Decrease Am Change in direct materials are unit Change in version put per cuivalent 4. Discuss the use of the cost of reduction for the The cost of production report may be the forect costs between are The report cobeto con costs by hand sach demand for its entered the content product costs from one month to another such as the Da, te darily and any significant difference