roblem 18.6A Production Cost Report (LO18-5, LO18-6) adgersize Company has the following information for its Forming Department for the month of August. Work in Process Inventory, August 1: 20,000 units $ 80,000 24.000 $ 104,000 50,000 60,000 2 Direct materials: 100% complete conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August work in process (70% complete ), August 31 Costs charged to Work in Process in August $150,000 Direct materials Conversion costs: Direct labor Overhead applied s 120,000 132,000 $ 252,000 Total conversion Assume materials are added at the start of processing. Required: a. Complete a production cost report for the Badgersize Company Forming Department for the month August