Can I please get the solution for question 46?

3-5, 6-6] 6-46 FIFO Method; Two Departments Bhatti Company produces plastic photo frames. Two depart- ments, molding and finishing, are involved in the manufacturing. The molding department fills the molds with hot liquid plastic that is left to cool and then opens them. The finishing department removes the plastic frame from the mold and strips the edges of the frames of extra plastic. The following information is available for the month of January: January 1 Quantity (pounds) None 5,000 Cost Work-in-Process Inventory Molding department Finishing department January 31 Quantity (pounds) None 2,000 Cost $15,000 ? The WIP Inventory in the finishing department is estimated to be 40% complete for conversion both at the beginning and end of January. Costs of production for January follow: Costs of Production Direct Materials Conversion Molding department $450,000 $90,000 Finishing department 80,290 The molding department started 50,000 pounds of product in January. The firm uses the FIFO method of process costing. trategy, Cost Management, and Cost Systems Required Prepare the production cost report of the testing department for the month of July using FIFO process costing