(FIFO; second department; advanced) Xena Corp. makes porcelain sinks in a process requiring operations in three separate departments: Molding, Curing, and Finishing. Materials are introduced in Molding; additional material is added in Curing. The following information is available for the Curing De¬ partment for May 2006:LO1.

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Beginning WIP Inventory (degree of completion: transferred in, 100%; direct material, 80%; direct labor, 40%; overhead, 30%) Transferred in from Molding Ending WIP Inventory (degree of completion: transferred in, 100%; direct material, 70%; direct labor, 50%; overhead, 40%) Transferred to Finishing Cost Component Transferred in Direct material Beginning Inventory Current Period $760,000 161,600 256,800 129,600 8,000 units 40,000 units 4,000 units ? units Direct labor Overhead $154,000 24,960 20,080. 6,970 Prepare, in good form, a FIFO cost of production report for the Curing De- partment for May 2006.