Lirag Textile Manufacturing Company, manufactures the famous clothing materials known as "Kelbo" in two successive departments: Weaving and Dyeing

The Dyeing Department applies materials on the installment basis described as follows:

1/5 when the process is started

30% when the process reaches

2/3 completion

15% when the process reaches

75% completion Balance at the end of the process

The production data submitted by the Dyeing Department for February 1992, showed the following:

Quantity data

In process, February 1 6,000 units

Stage of completion 2/5

Received from preceding Dept. in Feb. 30,000

units In process, February 28 16,000

units Stage of completion 70%

Cost data January February

Weaving Department (per unit)

Materials 0.08 0.10

Labor 0.12 0.15

Overhead 0.10 0.15

Dyeing Department (per unit)

Materials 0.12 4,020 (total cost)

Labor .07 2,800

Overhead 0.08 1,440

Requirements: Prepare a cost of production report for the Dyeing Department for the month of February 1992. NOTE: FIFO and weighted average method)