Guthrie Cleaner Company uses a weighted-average process costing system and manufactures a single product??an all-purpose liquid cleaner. The manufacturing activity for the month of March has just been completed. A partially completed production cost report for the month of March for the mixing and blending department is shown below.

Instructions(a) Prepare a schedule that shows how the equivalent units were computed so that you can complete the ??Quantities: Units accounted for?? equivalent units section shown in the production cost report above, and compute March unit costs.(b) Complete the ??Cost Reconciliation Schedule?? part of the production cost reportabove.

GUTHRIE CLEANER COMPANY Mixing and Blending Department Production Cost Report For the Month Ended March 31 Equivalent Units Physical Units Conversion Costs Materials QUANTITIES Units to be accounted for Work in process, March 1 Started into production 10,000 100,000 Total units 110,000 Units accounted for Transferred out 95,000 Work in process, March 31 (60% materials, 20% conversion costs) 15,000 Total units 110,000 COSTS Conversion Costs Materials Total Unit costs $98,000 $254,000 Costs in March $156,000 Equivalent units $ ? Unit costs Costs to be accounted for $ 8,700 Work in process, March 1 Started into production 245,300 $254,000 Total costs COST RECONCILIATION SCHEDULE Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs ?. Total costs