A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. The department has the following data for this month.

- 20 units in beginning WIP (63% complete with respect to conversion costs). -548 units started -12 units in ending WIP (46% complete with respect to conversion costs). -$302 Beginning WIP direct material costs -$387 Beginning WIP conversion costs -$5,684 Current period direct material costs -$5,656 Current period conversion costs

What is the department's conversion cost for units completed and transferred out for this month? (round your answer to the nearest cent)