Question: 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

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 50% as to conversions costs.
Beginning WIP included: 4,400 units, which amounted to $23,900. Spacely Sprockets used direct materials for $241,000 and had conversions costs of $146,300 to place 79,300 sprockets into production. Ending WIP amounted to 7,300 units, which were 100% completed for materials and 20% 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).
Please create a table with the same set up!
 Spacely Sprockets makes key components for the transportation industry using the

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