Alvis Construction Supply Company has a department that manufactures wood trusses $($wood frames used in the construction industry$).$ The following information is for the production of these trusses for the month of February:

Work$-$in$-$process inventory, February $14,500$ trusses

Direct materials: $100\%$ complete $ $10,980$

Conversion: $20\%$ complete $ $15,758$

Units started during February $18,500$ trusses

Units completed during February and transferred out $17,500$ trusses

Work$-$in$-$process inventory, February $29$

Direct materials: $100\%$ complete

Conversion: $40\%$ complete

Costs incurred during February

Direct materials $ $59,540$

Conversion $ $92,592$

Required:

Using the FIFO method, calculate the following: