Cullumber Express is a coffee bean roaster who specializes in dark roasting beans grown in California. During the month, Cullumber added the following costs: Conversion Costs (CC), $5420; and Direct Materials (DM), $4960. The Beginning Work-in-Progress (WIP) Inventory includes the following costs: CC, $970; and DM, $810. The companys accountant calculated the equivalent units for CC to be 6937, and the equivalent units completed for this month for DM as 7580. Using the First-In, First-Out (FIFO) method, how much total cost will be included in the calculation for cost per equivalent unit for both Conversion Costs and Direct Materials?

CC, $5420; and DM, $5770

CC, $970; and DM, $810

CC, $5420; and DM, $4960

CC, $6390; and DM, $5770