City University uses a process cost system to accumulate costs incurred in handling student applications in the admissions department. When an application is completed, it is forwarded to the appropriate academic department for final processing. The following processing and cost data pertain to March. 1. Applications in process on March 1 280 2. Applications started in March 1,030 3. Completed applications during March 810 4. Applications still in process at March 31 were 100% complete as to materials (forms) and 80% complete as to conversion costs. Beginning WIP: Direct materials $2,492 Conversion costs 9,680 March costs: Direct materials $6,809 Direct labor 45,254 Overhead 10,406