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 a recent month.

	Work in process, beginning:
	Units in process	5,000
	Costs in the beginning inventory:
	Materials cost	$265,000
	Conversion cost	$99,500
	Units started into production during the month	130,000
	Units completed and transferred out	110,000
	Costs added to production during the month:
	Materials cost	$500,000
	Conversion cost	$300,000
	Work in process, ending:
	Units in process	25,000
	% of completion with respect to materials	70%
	% of completion with respect to conversion	30%

Required:

Prepare a process costing departmental production report (calculation of equivalent units, cost per equivalent unit, and cost reconciliation) for the department using the weighted-average method. Round the cost per unit to the nearest cent.