Closet Company had the following information for the month of December. Al direct materials were one hundred percent complete, and beginning materials cost $15.700.

Work in Process Inventory Beginning balance @ 12/1: 480 units, 10% completed Completed 1,090 units and transferred them to finished goods inventory $ 28,000 $ 234, 288 Direct materials 78,000 54,000 19,000 Direct labor Overhead Property taxes Depreciation 50,000 Utilities 30,000 Indirect labor 20,000 Ending balance @ 12/31: 420 units, 20% completed $ 44,712 Total equivalent units for conversion under the FIFO method are calculated to be: