Spacely Sprockets makes key components for the transportation industry using the process cost system. Below are the cost and production data from the Foundry Department for April. The beginning inventory on the first of April was 100% complete as to materials and 60% as to conversions costs. Beginning WIP included: 5,900 units, which amounted to $20,600. Spacely Sprockets used direct materials for $240,000 and had conversions costs of $142,220 to place 80,200 sprockets into production. Ending WIP amounted to 8,200 units, which were 100% completed for materials and 30% completed to conversions costs. Prepare a production report using the FIFO Method. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). Spacely Sprockets \begin{tabular}{|c|c|c|c|c|} \hline costs & TransferredIn & DirectMaterials & ConversionCosts & Total Costs \\ \hline \multicolumn{5}{|l|}{CostsperEquivalentUnitofProduction:} \\ \hline Total costs for the month & & x & x & \\ \hline Total Equivalent Units & & x & x & \\ \hline Costs per EUP & & x & x & \\ \hline \multicolumn{5}{|l|}{CostsAssignedtoProduct:} \\ \hline Beginning WIP & & & & x \\ \hline Cost for the month & & & & x \\ \hline Total & & & & x \\ \hline \multicolumn{5}{|l|}{ Costs allocated to units: } \\ \hline Beginning WIP & & & & x \\ \hline Cost to complete WIP & & x & x & x \\ \hline StartedandCompletedunits & & x & x & x \\ \hline \multicolumn{5}{|l|}{ Transferred out } \\ \hline Ending WIP & & x & x & x \\ \hline Total Costs Assigned & & & & x \\ \hline \end{tabular}