Trigg Corporation uses the FIFO method in its process-costing system. The following data are for the most recent month o

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Trigg Corporation uses the FIFO method in its process-costing
system. The following data are for the most recent month of
operations in one of the company’s processing departments:
Units in beginning inventory
1,400
Units started into production
17,120
Units in ending inventory
1,120
Units transferred to the next department
17,400
Materials
Conversion
Percentage completion of beginning inventory
60
%
40
%
Percentage completion of ending inventory
90
%
40
%
The cost of beginning inventory according to the company’s
costing system was $14,673 for materials and $8,808 for conversion
cost. The costs added during the month amounted to $316,224 for
materials and $397,624 for conversion costs.
Do notuse commas (,), extra spaces,
or dollar signs ($).
Required: