PROBLEM 6-19 Comprehensive Problem; Second Production Department-Weighted-Average Method [102, 103, 104, 105] Scribners Corporation produces fine papers in three production departments-Pulping, Drying, and Finishing. In the Pulping Department, raw materials such as wood fibre and rag cotton are mechanically and chemically treated to separate their fibres. The result is a thick slurry of fibres. In the Drying Department, the wet fibres transferred from the Pulping Department are laid down on porous webs, pressed to remove excess liquid, and dried in ovens. In the Finishing Department, the dried paper is coated, cut, and spooled onto reels. The company uses the weighted-average method in its process costing system. Data for March for the Drying Department follow: Percent Complete Pulping Percent Complete Conversion Units Work in process inventory, March 1 Work in process inventory, March 31 5,000 8.000 100% 100% 20% 25% Pulping cost in work in process inventory, March 1 Conversion cost in work in process inventory, March 1 $4,800 $500 Units transferred to the next production department Pulping costs added during March Conversion costs added during March 157.000 $102,450 $31,300 Page 228 No materials are added in the Drying Department. Pulping cost represents the costs of the wet fibres transferred in from the Pulping Department. Wet fibre is processed in the Drying Department in batches; each unit in the above table is a batch, and one batch of wet fibres produces a set amount of dried paper that is passed on to the Finishing Department. Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2. Compute the Drying Department's cost per equivalent unit for pulping and conversion in March. 3. Compute the Drying Department's cost of ending work in process inventory for pulping, conversion, and in total for March. 4. Compute the Drying Department's cost of units transferred out to the Finishing Department for pulping, conversion, and in total in March. 5. Prepare a cost reconciliation report for the Drying Department for March