JBH Chemicals Company produces "SUPER GLUE", an industrial grade adhesive. The product passes through several processes. Details of the first process "Polymerization", for the month of January, are given below: Rupees Units 1,000 49,700 9,438 ? 4,250 Production Data Opening work-in-process Materials (100% complete) Conversion (25% complete) Units transferred to Process 2 Cost incurred during the period: Materials Conversion Closing work-in-process Materials (100% complete) Conversion (50% complete) There were no process losses in the month of January. 250,000 215,000 750 ? ? Required: 1. Prepare and calculate the quantity schedule for the month of January? 2. Prepare and calculate the equivalent production units for the month of January? 3. Prepare Cost of Production Report for the month of January? 4. Prepare the Statement of total cost accounted for, for the month of January? 5. What is the difference between Equivalent production unit (EPU) and units completed? 6. Which industry do require to prepare Cost of Production Report? Give at least three names of comapanies who do prepare Cost of Production Report