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, 500 towels were in process and were 60 percent complete. The costs incurred were $1,780. During the month, costs of $20,150 were incurred, 3,100 towels were started, and 250 towels were still in process at the end of the month. At the end of the month, the towels were 20 percent complete Requi a. Prepare a production cost reportthe company uses weighted-average process costing. (Round "Conversion coststo 2 decimal places " .) RECYCLERSINC Production Cost ReportWeighted Average Flow of Production Units Compute Equivalent Units Conversion Physical Units Costs Units to be accounted for. Beginning WIP inventory Units started this period O D Total units to be accounted for O D Units accounted for. I Units completed and transferred out: C Units in ending WIP inventory O Total units accounted for a 0