Chapman Manufacturing Company Uses the FIFO Method for Process Costing

Chapman Manufacturing Company uses the FIFO method for process costing. Chapman produces processed food products that pass through three sequential departments. The costs for Department 1 for February 20X5 were as follows:
Cost of beginning inventory:
Material 8,750
Conversion 9,490
$18,240
Costs added in Department 1 during February:
Direct material $219,600
Direct labor 320,350
Manufacturing overhead 197,402
$737,352
Department 2 handled the following units during February:
Units in process, February 1 2,000
Units started in Department 1 45,000
Units transferred out to Department 2 46,000
Units in process, February 28 1,000
On average, the February 1 units were 40% complete, and the February 28 units were 70% complete. Materials are added at the beginning of the process and conversion costs occur evenly throughout the process in Department 1.
Prepare the product cost report for February for Department 1.