Vaughn Company has the following production data for March: no beginning work in process, units started and completed 27,000, and ending work in process 3,300 units that are 100% complete for materials and 40% complete for conversion costs. Vaughn uses the FIFO method to compute equivalent units. If unit materials cost is $6 and unit conversion cost is $10. The total costs to be assigned are $465,000, prepare the cost section of the production cost report for Vaughn Company using the FIFO approach.

LUIIVCISIUNI Materials Costs Total Unit costs Total costs $ Equivalent units Unit costs $ $ Costs to be accounted for In process, March 1 Started into production Total costs $ Costs accounted for Transferred out In process, March 1 Started and completed In process, March 31 Materials Conversion costs Total costs