Power Inc. manufactures fitness equipment and has the following information for its last 2 process centers, assembly and finishing for the month of January. Assembly Process Center No beginning WIP (BWIP) 7,500 units started during the month 5,000 units completed and transferred to finishing Ending WIP (EWIP) is complete in terms of DM (100% complete) and 75% converted DM for the month was $105,000 Conversion cost for the month was $75,000 Finishing Process Center BWIP was 3,000 units with all materials and 60% conversion Costs in BWIP were $75,150 for preceding department costs, $6,000 for materials and $4,500 for conversion Ending WIP was 2,000 units with 80% materials and 50% conversion DM for the month was $10,000 Conversion cost for the month was $8,000 Prepare a cost of production report for the finishing process center using FIFO costing.