Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department):

WIP inventoryFinishing
Beginning inventory (11,500 units, 25% complete with respect to Finishing costs)
Transferred-in costs (from Mixing)	$	140,950
Finishing conversion costs		5,625
Current work (101,000 units started)
Mixing costs		1,040,300
Finishing costs		570,500

The ending inventory has 15,500 units, which are 50 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs.

Required: a. Compltc th production cost report using th FIFO mcthod (Round "Cost per equivalent unite " to 2 decimal places.) Physical Units Equivalent Units Finishing Department Department Mixing Flow of units: Units to be accounted for Beginring WIP inventory Units started this period Total units to account for Units accounted for. Completed and transferred out From begirning WIP inventory Mixing Finisting Started and completed currently Units in ending WIP inventory Mixing Finishing Total units accourted for 11,500 101,000 112,500 11,500 8,625 I I 11,500 0 8,625