WIP inventory-Finishing Beginning inventory (30,000 units, 30% complete with respect to Finishing costs) Transferred-in costs (from Mixing) $ 657,600 Finishing conversion costs 66,036 Current work (294,000 units started) Mixing costs 5,174,400 Finishing costs 2,391,564 The ending inventory has 42,000 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs. (LO 8-2,4,5,6) 8-44. Prepare a Production Cost Report: FIFO Method Refer to the information in Exercise 8-43. a. Required Prepare a production cost report using the FIFO method. b. Is the ending inventory higher using FIFO or the weighted average method? Why? Would you recommend that Yarmouth use the FIFO method or the weighted average method? Explain. c