The Welding Department of Majestic Company has the following production and manufacturing cost data for February 2017. All materials are added at the beginning of the process. Majestic uses the FIFO method to compute equivalent units.

Manufacturing Costs				Production Data
Beginning work in process		$32,497		Beginning work in process		15,150	units, 10% complete
Costs transferred in		136,350		Units transferred out		54,540
Materials		57,570		Units transferred in		64,640
Labor		35,451		Ending work in process		25,250	, 20% complete
Overhead		69,084

Prepare a production cost report for the Welding Department for the month of February. Transferred-in costs are considered materials costs. (Round unit costs to 2 decimal places, e.g. 2.25.)