[10] Question 5 Interface Unit assumed that the production information for Process 3 for July 20x1 is as follows: Production Units Units Opening inventory of work- 0 in-process Units received from 40500 Process 2 Units completed 27000 Closing inventory of work- 13500 in-process 100% completed in respect of direct materials 50% completed in respect of direct labor 50% completed in respect of manufacturing overheads Production Cost Cost Cost transferred from process 2 R81 000.00 Direct material cost R60 750.00 Direct labor cost R40 500.00 Manufacturing overheads R43 875.00 INC 2601/S2/2022 Material is added at the beginning of process 3 while conversion cost are uniformly applied throughout the process. 5.1 Prepare a production cost report showing the total equivalent production, the equivalent cost per complete unit and the allocation cost. (30) 1301