All-win Engineering limited uses Process Costing system. Following data is available for Department:-1 for the month of May, 2020: Quantitative data: Beginning work in process inventory 5,000 units Units put into process during the month 55,000 units Units completed and transferred to department: 2 during the month . 52,000 units Units in work in process closing inventory at month end . 5,000 units Cost data: Units in beginning work-in-process inventory contains Cost, as follows: Direct materials......................................................................................... Rs 36,000 Direct labor............................................................................................... 38,000 Factory overhead....................................................................................... 42,000 Costs added during the month are as follows: Direct materials consumed Rs280,400 Direct labor incurred . 321,125 Factory overhead applied . 339,225 Other statistical data: Work in process opening inventory is completed 75% as per direct material and 60% as per conversion cost. Work in process closing inventory is completed 80% as per direct material and 65% as per conversion cost. All losses are normal and occurred at the beginning of the month. Required: i).Prepare the Cost of Production Report for Department: 1 for the month of May, 2020, if company uses Weighted Average costing system. Marks: 8 ii). Distinguish between process costing and job order costing, and give at least three examples for each one.