Exercise $18\mathrm{.}4($Algo$)$ Production Cost Report $($LO$18-6)$

Lamberton Industries uses process costing. All of the company's manufacturing activities take place in a single processing department. The following information was available for the month of July:

Partially completed units in July's beginning and ending work in process inventories were considered immaterial and were assigned no dollar value. During July, $50,000$ units were completed, of which $45,000$ were sold on account at $\backslash (\backslash$$ $16\backslash )$ per unit.

Required:

Complete a production cost report for Lamberton Industries for the month of July.

Note: Do not round intermediate calculations.