Question . The steward Chemicals Inc. uses a process costing system. During November, Department B received 28,000 units from Department A at a total cost of $280,000. The following costs were added by department B during the month: Materials: $24,000 Conversion cost: $180,000 During November, Department B completed 16,000 units and transferred the same to finished goods store room. 10,000 units were still in process in department B at the end of the month. These units were estimated to be 60% complete with respect to conversion costs. Materials are added after inspection and identification of loss which take place at the end of process. Normal spoilage is expected to be only 5% of good units. Any spoilage more than 5% is considered as abnormal and is charged to factory overhead. Required: Prepare a cost of production report of Department B of Steward Chemicals Inc