In a single-process production system, Phunky Phingers produces wool gloves. For November 2013, the company's accounting records reflected the following: Beginning WiP Inventory (100% complete as to material; 30% complete as to direct labor, 60% complete as to overhead) Units started during the month Ending WiP Inventory (100% complete as to material; 40% complete as 12,000 units 90,000 units to direct labor, 80% complete as to overhead) 20,000 units During November Cost ComponentNovember 1 Direct material Direct labor Overhead $13,020 1,908 4,636 $90,000 45,792 70,824 a. For November, prepare a cost of production report, assuming that the company uses the weighted average method. b. For November, prepare a cost of production report, assuming that the company uses the FIFO method