The addition of water at the start of the process in Dept. B of Nicole MFG. Co increased the quantity by 5%. The following data pertain to its production for March 2018

Quantity data:

In process, March 1 (3/4 incomplete)12,000 units

Transferred in80,000 units

In process, March 31 (2/5 completed)10,000 units

Cost dataIn process, beg.Added during the month

Cost from Dept. AP11,800P86,120

Cost in Dept. B

Material3,12521,835

Labor1,49043,510

Overhead1,32034,680

Materials are added at the start of the process while conversion cost are applied evenly. The Company is using weighted average method.

Requirements:

1.Equivalent production for materials, labor and overhead

2.Total cost of the units completed and transferred

3.Total cost of the units still in process at the end of March

4.Journal entry