21. Sprit Beverages, Inc. manufactures a sport drink on a continuous basis. The company makes a product that is processed sequentially in two departments: Mixing and Bottling. As work is completed, it is transferred out to the next department. During April, the following results are available for the Mixing department: a. Beginning WIP had 700 units, 30% complete with respect to materials and 60% complete with respect to conversion. Costs in the beginning WIP included material costs of $1,500 and conversion costs of $4,500. b. During April, 9,500 units were started in process. Costs added during the current month (April) were materials, $58,980; and conversion, $86,940. c. At the end of April, total 10,000 units were completed and transferred-out to the Bottling department. The remaining ending WIP was 20% complete with respect to materials and 40% complete with respect to conversion. Using the FIFO (first-in, first-out) method, (1) prepare a production cost report for the Mixing department and (2) prepare a journal entry for Mixing to transfer its costs to the next department. Round all your answers to 2 decimal places if needed. [25 POINTS]