Lansing, Inc., provides the following information for one of its department's operations for June (no new material is added in Department T).

WIP inventoryDepartment T

Beginning inventory (15,000 units, 60% complete with respect to Department T costs)

Transferred-in costs (from Department S)

$ 116,000

Department T conversion costs

53,150

Current work (35,000 units started)

Prior department costs

280,000

Department T costs

209,050

The ending inventory has 5,000 units, which are 20 percent complete with respect to Department T costs and 100 percent complete for prior department costs.

how do you Prepare a production cost report using FIFO.