Select each of the items with the best description of its purpose.

$\backslash$table$[[$Description$,$Items$],[1.$ Describes the activity and output of a production department for a period.,Production cost report$],[2.$ Holds costs of materials until they are used in production or as factory overhead.,Rroduction cost report$],[3.$ Computes equivalent units only on production activity in the current period.,$],[4.$ Combined costs of direct labor and overhead per equivalent unit.,Production cost report$],[5.$ Combines units and costs across two periods in computing equivalent units.,Raw Materials Inventory account$],[6.$ Used when materials move continuously through a manufacturing process.,FIFO method$],[7.$ Notifies the materials manager to send materials to a production department.,Conversion cost per equivalent unit$]]$