The following data has been provided by Klemm Inc., a company that uses the FIFO method in its process costing system. The data concern the company's Shaping Department for the month of March. 
Required:
Determine the cost of ending work in process inventory and the cost of the units transferred out of the department during March using the FIFO method.
Definitions:
Voting Stock
Refers to shares that give the holder the right to vote on corporate matters, such as electing the board of directors.
Controlling Influence
Refers to the power exercised by an entity or individual that holds a majority of voting rights in another business, allowing significant influence over its operations and decisions.
Long-term Investments
Investments made by a company intended to be held for a period exceeding one year, often in bonds, stocks, or real estate.
Debt Investments-HTM
Investments in debt securities intended to be held to maturity, reflecting a long-term investment strategy for earning interest income.
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