10% Anchor Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for April is as follows: Work in process, beginning: Units in process... 800 Stage of completion with respect to materials 60% Stage of completion with respect to conversion Costs in the beginning inventory: Materials cost... $1.296 Conversion cost..... $2,416 Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost....... $47.076 Conversion cost... S497,213 Work in process, ending: Units in process... 300 Stage of completion with respect to materials 60% Stage of completion with respect to conversion 70% |-----... 16,000 - 16,500 Anchor Inc decided to use FIFO method instead to record the process. Prepare a production cost report worksheet using FIFO method