Amal Company has the details of processing department for January 2017 as follows for- The cost details are as follows:- Item Physical % of completion units Materials conversion SE W-I-PJune, 1 60000 60% 20% Units started during period 540000 W-I-P,June, 30 600000 40% 50% Required: (under FIFO Method) find out the production report? Prepare the production report Item Direct materials cost Conversion cost W-I-P,June, 1st 200000$ 100000$ Current period costs 608000$ 316000$ Totals 808000$ 416000$