Darver inc. uses the FIFO 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 100 Units in process 80% Stage of completion with respect to materials 60% Costs in the beginning inventory Materials cost $376 Conversion cost $2, 376 Units started into production during the month 21.000 Units completed and transferred out 20, 400 Costs added to production during the month: Materials cost $93, 645 conversion cost $825, 531 Work in process, ending: Units in process 700 Stage of completion with respect to materials 70% Stage of completion with respect to conversion 50% Required: Prepare a production report for the department using the FIFo method