EB6. LO 5.3 What are the total costs to account for if a company's beginning inventory had $23,432 in materials and $18.450 in conversion costs, and added direct material costs ($41,392), direct labor ($23,192), and manufacturing overhead ($62,500)? Solution $118,062 Total Materials Conversion Costs Beginning work $23,432 $18.450 in process Added: Materials $41,392 Direct labor $23,192 Manufacturing $62,500 overhead Total $64,824 $104.142 $168.966