Required:

Prepare for the production cost report. (17 marks)

The Bucks Sdn Bhd produces clear syringes for hospitals in a process that starts in the Cast Department. Data relating to the department's operations is of below: Beginning work in process: Units in process Materials percentage of completion Conversion percentage of completion 200 80% 40% Units started into production 5,00 0 ? 960 100 Units completed and transferred out Normal Losses Abnormal Losses Ending work in process: Units in process Materials percentage of completion Conversion percentage of completion 400 40% 25% Normal and abnormal losses are identified at the end of the production process. The Bucks uses the FIFO methods in its process costing system. Cost data: Work in process inventory, July 1: Materials cost Conversion cost. Cost added during the month: Materials cost Conversion cost. $8.500 $4.900 $139.400 $244.200