Crypticorps, Inc is an specialized electronics manufacturer. They had the following information available for May 2023

Beginning Ending Raw Material Inventory $ 459,000 $ 407,500 Work in Process Inventory 217,300 211,700 Finished Goods Inventory 121,000 116,300 Direct labor is paid $28.50 per hour and overhead for the month was $619,600.

What are prime costs and conversion costs, respectively if there were 22,500 direct labor hours and $1,021,000 of raw material was purchased?

Group of answer choices $2,338,950 and $2,343,650 $1,713,750 and $1,260,850 $1,662,250 and $1,260,850 $1,021,000 and $1,260,850