Spolasky Industries manufactures a product that passes through three processes: Mixing, Baking, and Packaging. Direct materials are added in the Mixing Department at the beginning of the process. Information for the Mixing Department for December 2021 follows:

Work in process, December 1:
Units (20% complete to conversion costs)	7,500
Direct materials	$2,000
Direct labor	$1,500
Applied Overhead	$1,188

During December, 150,000 units were completed and transferred to Packaging. The following costs were incurred by the Mixing Department during December:

Direct materials	$25,000
Direct labor	$15,000
Applied overhead	$6,000

Work in process, December 31:
Units (60% complete to conversion costs)	12,000

1. Prepare a Cost of Production Report using the Weighted Average Method.

2. Prepare a Cost of Production Report using the FIFO Method.