Direct Materials Conversion Cost per equivalent unit this period $3.00 $5.00 Cost in beginning work-in-process inventory $24,000 $29,400 0 Equivalent units to complete beginning inventory 2,400 Units started and completed this period 26,000 26,000 Equivalent units in completed ending 12,000 4,800 inventory Materials are added at the beginning of the production process. Conversion costs are added uniformly throughout the production process. Assuming a FIFO flow of costs, what is this company's computed total production cost transferred out during the period