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 40% as to conversions costs. Beginning WIP included: 4,900 units, which amounted to $21,300. Spacely Sprockets used direct materials for $257,000 and had conversions costs of $143,980 to place 79,900 sprockets into production. Ending WIP amounted to 7,900 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).

Spacely Sprockets Equivalent Units \begin{tabular}{ccccc} \hline UNITS & Whole Units & TransferredIn & DirectMaterial & ConversionCosts \\ \hline \end{tabular} Units to account for: Beginning work-in-process 4900 Materials Received 79900 Total units to account for 84800 Units to be assigned costs: Beginning WIP 49007200076900790084800 \begin{tabular}{r|r|} \hline 0 & 2940 \\ \hline 72000 & 72000 \\ \hline 72000 \\ \hline 7900 & 74940 \\ \hline 79900 & 1580 \\ \hline 78520 \\ \hline \end{tabular} Spacely Sprockets \begin{tabular}{ccccc} \hline COSTS & TransferredIn & DirectMaterials & ConversionCosts & Total Costs \\ \hline \end{tabular} Costs per Equivalent Unit of Production: Total costs for the month Total Equivalent Units 79900 79900 Costs per EUP 3.22 1.80 Costs Assigned to Product: Beginning WIP Cost for the month Total 421300400980422280 Costs allocated to units: Beginning WIP Cost to complete WIP Started and Completed units Transferred out Ending WIP Total Costs Assigned