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A department uses the FIFO method of process costing. All direct materials are added when units are 50% complete with respect to conversion costs. This

A department uses the FIFO method of process costing. All direct materials are added when units are 50% complete with respect to conversion costs. This department has the following data for this month.

21 units in beginning WIP (46% complete with respect to conversion costs).

598 units started

14 units in ending WIP (78% complete with respect to conversion costs).

$558 Beginning WIP direct material costs

$552 Beginning WIP conversion costs

$7,316 Current period direct material costs

$5,100 Current period conversion costs

What is the department's direct material cost for units completed and transferred out for this month (round final answer to nearest cent if necessary)?

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