Ellie's Candies, Inc. produces gummy bears. The company purchases raw materials, stores them in a warehouse, and then runs them through two processes: production and packaging. During September, the production process incurred the following costs in processing 20,000 gummy bears: Wages of workers operating production equipment $50,500 Manufacturing overhead allocated to the production department 8,000 Direct materials 210,000 Use the FIFO method to compute the September conversion costs in the Production Department.