23. The JIT Corp uses the a raw and in process (RIP) inventory account. At the end of each month, all inventories are counted, their conversion components are estimated, and inventory account balances are adjusted accordingly. Raw materials is backflushed from RIP account to finished goods. The following data is for the month of May: Raw materials purchases Ending balance of RIP account Conversion cost incurred Conversion allocated Beginning balance of RIP account 5,100,000 314,250 36,000 39.750 290,250 The amount of (1) direct materials and (2) conversion costs to be backflushed to finished goods are