the TVA statement or Emical Proressional Pracuce by doing so? P5-5. Cost of Production Summary, Multiple Departments; No Beginning Inventory L06 Sifting, the second department in a three-department production process for Finest Flour Inc., received 10,000 units with a total cost of $25,000 from Milling during May. Production costs in Sifting during the month were: materials, $6,000; labor, $3,000; and factory overhead, $9,000. Of the 10,000 units transferred in, 8,000 were completed and transferred to Packaging during the month and 2,000 remained in work in process at the end of the month, one-fourth complete. Required: Prepare a cost of production summary for Sifting for the month ended May 31. (Round unit costs to three decimal places and totals to the nearest whole dollar.)