- Quigley Company manufactures a specialized product. Department 2 adds new material to the units received from Department 1 at the end of process. A normal loss occurs early in processing. Production and cost data for Department 2 for the month of September are as follows: Production record (in units): In process, September 1-75% complete for processing cost Received from Department 1 Completed and transferred to finished goods Lost in processing (normal) In process, September 30-2/3 complete for process cost 4,000 20,000 16,000 2,000 6,000 1,800 Cost Record: Work in process inventory, September 1: Preceding department cost S 620 Processing cost 2,000 $2,620 Cost from preceding department in September Material cost for September 4,800 Processing cost for September 10,200 Required: Determine the following for Department 2 under (a) weighted average the method of costing and (b) the FIFO method of costing: (1) unit costs for each cost component. (2) cost of production transferred to finished goods, (3) cost of work in process inventory of September 30