The following costs were accumulated by Department 2 of Hashem Company during March: Conversion Costs Total Beginning WIP Inventory Current Period Cost Cost Transferred Material from Dept 1 $17,050 0 $5,450 $22.500 184,000 34,000 104.000 322.000 $201,050 $34,000 $ 109,450 $344,500 Total Production for March in Department 2 (in units): WIP-March 1 Transferred In 2,000 units 60% complete 20,000 units WIP-March 31 5,000 units 40% complete Materials are not added in Department 2 until the very end of processing Department 2. Required: Prepare the production cost report using the FIFO inventory method Reply