PROBLEM 2. Rommel Manufacturing Company applies process costing in its production, which consisted of two departments. The following data were gotten from their operations: Units Dept 1 Dept 2 Beginning WIP 50,000 70,000 Work to be done for the period 80% 30% Ending WIP 20,000 17,500 Work completed 2/3 60% Started 150,000 Costs Beginning WIP Transferred in P285,450 Materials P135,000 214,875 Conversion Costs P97,500 280,725 Current Transferred In ? Materials P1980,000 P840,000 Conversion Costs P3088,800 P1282,500 Additional Information are as follows: a Manufacturing starts at Department 1 where all materials are added at start of production and FIFO costing is used. b. Units are added in the Department 2 where 50% of direct materials as added when it is 30% complete and excess when it is ready to be transferred to the storeroom. This department uses weighted average costing method. Required: 1. Make a cost of production report for Department 1. 2. Make a cost of production report for Department 2