Castle Company uses the FIFO method in its process costing system. In the Cutting Department in June, units were four-fifths complete with respect to conversion in the beginning work in process inventory and one-third complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow: Units Conversion Cost Beginning work in process inventory 33,000 $ 38,000 Units started into production, and costs incurred during the month 140,000 $172,550 Units completed and transferred out 101,000