In its Department R, Recyclers, Inc., processes donated scrap cloth Into towels for sale in local thrift shops. It sells the products at cost. The direct materials costs are zero, but the operation requires the use of direct labor and overhead. The company uses a process costing system and tracks the processing volume and costs incurred in each period. At the start of the current period, 300 towels were in process and were 60 percent complete. The costs incurred were $576. During the month, costs of $10,800 were incurred, 2,700 towels were started, and 150 towels were still in process at the end of the month. At the end of the month, the towels were 20 percent complete. Required: a. Prepare a production cost report; the company uses weighted-average process costing. b. Show the flow of costs through T-accounts. Assume that current period conversion costs are credited to varlous payables. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Show the flow of costs through T-accounts. Assume that current period conversion costs are credited to various payables. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Various Payables Beginning inventory Beg bal. Work in Process 11,258 X 576.00 11,257.50 10,800 x This period's costs End.bal Ending inventory 11,139.50 Finished Goods Inventory 1,257.50 Beg.bal. End.bal. 1,257.50