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Stevens Company's inventory on March $1$ and the costs charged to Work in Process$$Department B during March are as follows:

Line Item Description Amount

Beginning work in process, $12,000$ units, $60\%$ completed $$62,400$

From Department A$,55,000$ units started this period

Direct materials added $115,500$

Direct labor incurred $384,915$

Factory overhead incurred $138,000$

During March, all direct materials were transferred from Department A$,$ the units in process at March $1$ were completed, and of the $55,000$ units entering the department, all were completed except $6,000$ units that were $70\%$ completed. Inventories are costed by the first$-$in$,$ first$-$out method.

Prepare a cost of production report for March. If required, round your cost per equivalent unit amounts to four decimal places. Round all other amounts to the nearest dollar. If an amount value is zero enter $"0"$ as answer.

Stevens Company

Cost of Production Report$$Department B

For the Month Ended March $31$

Units Whole Units Equivalent Units

Direct Materials Equivalent Units

Conversion

Units charged to production:

Inventory in process, March $1$ fill in the blank $1$

Received from Department A fill in the blank $2$

Total units accounted for by Department B fill in the blank $3$

Units to be assigned costs:

Inventory in process, March $1(60\%$ completed$)$ fill in the blank $4$

fill in the blank $5$

fill in the blank $6$

Started and completed in March fill in the blank $7$

fill in the blank $8$

fill in the blank $9$

Transferred to finished goods in March fill in the blank $10$

fill in the blank $11$

fill in the blank $12$

Inventory in process, March $31(70\%$ completed$)$ fill in the blank $13$

fill in the blank $14$

fill in the blank $15$

Total units to be assigned costs fill in the blank $16$

fill in the blank $17$

fill in the blank $18$

Costs

Costs Direct Materials Conversion Total Costs

Cost per equivalent unit:

Total costs for March in Department B $fill in the blank $19$

$fill in the blank $20$

Total equivalent units fill in the blank $21$

fill in the blank $22$

Cost per equivalent unit $fill in the blank $23$

$fill in the blank $24$

Costs assigned to production:

Inventory in process, March $1$ $fill in the blank $25$

Costs incurred in March fill in the blank $26$

Total costs accounted for by Department B $fill in the blank $27$

Costs allocated to completed and partially completed units:

Inventory in process, March $1$ balance $fill in the blank $28$

To complete inventory in process, March $1$ $fill in the blank $29$

$fill in the blank $30$

fill in the blank $31$

Started and completed in March fill in the blank $32$

fill in the blank $33$

fill in the blank $34$

Transferred to finished goods in March $fill in the blank $35$

Inventory in process, March $31$ fill in the blank $36$

fill in the blank $37$

fill in the blank $38$

Total costs assigned by Department B $fill in the blank $39$

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