Problem 2 (Textbook Reference: P3-1A)- Prepare a production cost report Pure Aqua Company is a producer of flavored miner water. These data are for its March production: Work in Process Inventory, March 1,3,000 units (units equal cases): Direct materials Direct labor $ 12,600 $ 6,000 Manufacturing overhead applied (1,500 machine hours at S6 per hour) 9,000 27,600 Units started in March 9,000 Costs incurred in March Direct materials Direct labor Manufacturing overhead applied (13,800 machine-hours) $ 36,360 s 55,200 The ending inventory at March 3 l consisted of 4,500 units ( 100% complete as to materials, 60% complete as to conversion Required: Prepare a production cost report for the month ended March 31, using the average cost method. ***A production report template has been provided on the next page***