Liwanag Mfg. Co. operates two consecutive departments for the processing of its product. Factory costs are applied evenly throughout the process while materials are added as follows: Dept. 1.Materials are added at the start. Dept. If: Materials are added when goods are three-fourths done. Department I. Department 11 Quantity data: In process, July 1 Stage of completion Placed in process Transferred out In process, July 31 Stage of completion Normal loss: At the end During process Cost data: Work in process, July 1 Factory costs, July: Materials Labor Factory overhead 10,000 units 3/4 80,000 units 75,000 units 1/5 6,000 units P. 8,915 44,800 22,590 11,295 8,000 units 1/8 68,000 units 11,000 units 1/2 P10,500 68,000 36,250 21,750 Required: Cost of production report supported by the schedule of production quantity. The loss in Dept. II is identified with the units received during the period.