Reference no: EM132711285

Equivalent Units and Related Costs; Cost of Production Report; Entries

1. Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals.
2. The balance in the account Work in Process-Filling was as follows on January 1:
3. Work in Process-Filling Department (1,900 units, 40% completed): Direct materials (1,900 x $11.5) $21,850 Conversion (1,900 x 40% x $7.5) 5,700 $27,550 The following costs were charged to Work in Process-Filling during January:
4. Direct materials transferred from Reaction Department: 24,500 units at $11.3 a unit $276,850 Direct labor 95,740 Factory overhead 91,986 During January, 24,300 units of specialty chemicals were completed. Work in Process-Filling Department on January 31 was 2,100 units, 40% completed.

Required:

Problem 1. Prepare cost of production report for the Filling Department for January. If an amount is zero, enter "0". If required, round your cost per equivalent unit answers to two decimal places.