efer to the following information about the Finishing Department in the Gallagher Factory for the month of June. Gallagher Factory uses the FIFO method of inventory costing. Beginning Work in Process inventory:

Physical units...

5,000

units

% complete for materials

70%

% complete for conversion costs

25%

Materials cost from May

$7,350

Conversion costs from May

$3,125

Product started:

Physical units

44,000

units

Ending Work in Process inventory:

Physical units

4,000

units

% complete for materials

40%

% complete for conversion costs

10%

Manufacturing costs for June:

Materials

$96,975

Conversion costs

$79,470

Compute costs in ending inventory for June.