5) Marshall Company uses the weighted-average process costing in accounting for its production activities. Materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. August's production records indicate the following information: Quantities: 2,000 units 11,000 units 10,000 units Beginning work in process inventory (40%) Started during August Completed and transferred out Ending work in process inventory (20%) Beginning WIP inventory costs: $500 Direct labor 400 Direct materials Factory overhead 240 August production costs: $4,440 8,000 4,6 10 Direct materials Direct labor Factory overhead Required: Prepare a production cost report for the Marshall Company. In your report, combine direct labor ant factory overhead into a single cost pool for conversion costs