Required: Q.3. Piscataway Plastics Company manufactures a highly specialized plastic that is used extensively in the automobile industry. The following data have been compiled for the month of June. Conversion activ- ity occurs uniformly throughout the production process. Work in process, June 1-50,000 units: Direct material: 100% complete cost of Conversion: 40% complete, cost of Balance in work in process, June 1 Units started during June Units completed during June and transferred out to finished-goods Inventory Work in process, June 30: Direct material: 100% complete Conversion: 60% complete Costs incurred during June: Direct material. Conversion costs: Direct labor Applied manufacturing overhead Total conversion costs Prepare the Production Report. $120,000 34,400 $154,400 200,000 190,000 $492,500 87,450 262,350 $349,800