Question #4: 25 PointsThe Assembly Department of Glass Art Company has the following production and cost data at the end of August, 2020.Production: 32,500 units started into production; 24,500 units transferred out and 8,000 units 100% completed as to materials and 40% completed as to conversion costs.Manufacturing Costs: Materials added at beginning of process, $103,500; Labor, $66,300; Overhead $48.600.InstructionsPrepare a production cost report for the month of August.