First question: The following are the data for the first phase for the month of 7 in 2020: 1. Complete units transferred to the second stage, 30,000 units 2. Incomplete units at the end of the month 10,000, specified at a completion level of 80% 3. Damaged units 10,000 units 4. The examination takes place at the end of the stage 5. Permissible damage rate is 5% of the units under inspection 6. The management decided to charge the unauthorized damage with a share of the allowable damage cost 7. The materials are added at the beginning of the stage 8. Cost items during the month The cost of raw materials is 1,500,000 riyals The cost of formation is 384,000 riyals

Required : Preparing the homogeneous production report and the cost report for the stage for the month