Q. No. 2: Arif Company uses process costing in its two producing departments. Materials are added at the end of the process after quality control inspection. No abnormal spoilage occurred during the month. Marks) (8 During October 2,500 units were received from department 1 at a cost of Rs.50,000.Costs incurred by department 2 during October were: Materials Rs.8,000 Conversion Costs Rs.36,000 A total of 2,000 units were transferred to finished goods inventory. The 300 units still in process at the end of October were 2/3 complete as to conversion cost. Required: A Cost of Production Report for the month of October of department 2