Seven Seas Ltd. has developed a process for the manufacture of after-shave. Material is added at the beginning of the process and conversion costs are incurred uniformly. Detail for the month ended December 31,2015 are as follows: Work-in-process at 1" December, 2015: 4,000 Units 75 % complete. Work-in-process at 31 December, 2015: 15,000 Units 60% complete Units added in process during the month of December, 2015: 30,000 units. Materials 108,000 Conversion cost 85,000 Value of opening work-in-process (Rs.) Cost added during December, 2015 300,000 475,000 Required: Using weighted average basis, prepare a cost of production report for the process for December, 2015. Showing: (a). A quantity schedule; (b). Cost charged to process; (c) Cost of equivalent units, (d). Cost of finished goods (e). Value of closing work-in-process (3) (4) (4)