Seymour Brothers Products, Inc. manufactures a liquid product in one department. Due to the nature of the product and the process, materials are added and units are regularly lost at the beginning of production. Conversion costs are added evenly throughout the process. The following summaries were prepared for the month of January: Production Summary Units Started in process.... 10,000 Finished and transferred to the stockroom.. 8.000 In process, end of the month (1/2 completion)... 1,000 Lost in process 1,000 Cost Summary Materials... $132.000 Labor .... 33,000 Factory overhead.. 20,625 Required: Prepare a production cost report for January if units lost are considered to be: 1- Normal loss. 2- Abnormal loss