PC Manufacturing Company operates a process costing system and the following information relates to process A for the month of March: Opening work in process of 1000 units 40% complete, consisting of 17 400 for direct materials and 10 000 for conversion costs. Production completed for March was 8200 units with materials added for the month of 162 600 and conversion costs in the month of 173 920. Closing work in process was 800 units which was 20% complete. There are no losses in process. All materials are introduced at the start of the process and conversion costs are incurred uniformly throughout the process. Process A is the initial process and the completed production is then transferred to process B. You are required to prepare a schedule of equivalent production and cost per unit and the process account for the month of March.

Please solve the question and explain all the steps one by one clearly.