COST OF PRODUCTION REPORT: THREE DEPARTMENTS The Simon Soap Corporation requires three processing departments to produce its soap. All direct materials are introduced into production at the beginning of Department 1. Departments 1 through 3 add conversion costs evenly throughout the process. A cost accountant obtained the following information for December 19XX: DEPARTMENTS 1 2 3 Units started in process 150,000 Units transferred to the next department 125,000 115,000 Units transferred to finished goods 112,000 Ending units in process-% of completion for conversion costs 40% 10% 90% Costs added by department: Direct materials $21,000 Direct labor 8,100 $11,600 $ 8,029 Factory overhead (applied) 16,200 23,200 16,058 Required: Prepare a cost of production report for each department