Red Dog Products manufactures toys for dogs and cats. The most popular toy is a ball containing a smaller ball that dispenses tiny treats. To get the treats, dogs must roll the balls around until the treats fall out. These balls are mass-produced from plastic. Direct materials are introduced at the beginning of the process, and conversion costs are incurred evenly throughout the manufacturing process. Once each unit is completed, it is transferred to finished goods. Data for the month of March are as follows: Beginning WIP (30% complete): Direct material Conversion costs Total Units started during March Units completed and transferred out during March Ending WIP inventory (50% complete) Direct material cost added during March Conversion costs added during March $25,000 3,000 $28,000 80,000 units 88,000 units 12,000 units $220,000 $74,000 Prepare a process cost report using the FIFO method.