Marion Chemicals produces a chemical used as a base in paints. In the manufacturing process, all materials are added at the start of the process, whereas labor and overhead are added evenly throughout production.
Required
Fill in the missing information in Marion's Production Cost Report for the month of December.
Marion Chemicals
Production Cost Report
December 2017
Unit Reconciliation
Units in beginning WIP (100% material, 10% conversion costs) .............. 8,000
Units started during December ........................................................... ?
Units to account for ........................................................................ ?
Units completed ............................................................................. ?
Units in ending WIP (100% material, 20% conversion costs) ...................5,000
Units accounted for ........................................................................ ?
Cost per Equivalent Unit Calculation

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Material Labor Overhead Total Cost Beginning WIP Cost incurred in December $10,500 $45,200 82,000 $26,300 Total Units Units completed Equivalent units, ending WIP Total Cost per equivalent unit $1.80 $1.40 $2.64 Cost Reconciliation Total cost to account for Cost of completed items Cost of ending WIP Material Labor $3,020,640 $3,007,600 $? Overhead Total cost accounted for $3,020,640