2.85714 points FIFO Question: The Resta-Lothar company manufacturers a andardreinet. During February, the firm's my Department started production of 75.000 chars During the month, the firm completed 80,000 chairs, and transferred them to the Finishing Department. The firm anded the month wih 10,000 chairs in ending inventory. There were 15.000 chairs in beginning inventory. All direct materials costs we added at the beginning of the production cycle and conversion costs are added unifomey throughout the production process. The FFO method of process costing is used by Resta-Lot Beginning work in process was 30% complete as to conversion costs, while ording work in process was 80% complete as to conversion costa Beginning intory Direct materials $24.000 Conversion costs $35.000 Mandacturing costs added during the accounting period: Direct materials $168.000 Conversion costs $278.000 What is the amount of direct materials cost assigned to ending work-in-process inventory at the end of February $19,200 522,400 525.000 $22.500