Question 2: Traffic Control Systems makes bright rubber traffic cones. The company has two departments, Melting and Forming. Raw materials are introduced at various stages throughout the melting process. The following is the department's work in process T-Account for August: Work in Process - Melting Department Aug 1 balance: (200 kilograms; 80% complete as to materials, 70% complete as to conversion) 352 Costs added: Materials (2,050 kilograms) 890 Labour 400 Overhead 2,000 Completed and transferred to the packaging department 2 kilograms) ? Aug 31 balance (40 kilograms, 50% complete as to materials, 60% complete as to conversion) The August 1 work in process includes material of $100, labour of $52, and overhead of $200. Required: Using the weighted average method, prepare a production cost report for the company