Given below are the production data for Department No. 1 for the first month of operation:

Costs charged to Department 1:

Materials RM12,000

Labor 2,800

Overhead 12,400

During this first month of operations, 4,000 units were started into production; 3,500 units were

transferred out; and the remaining 500 units are 100% completed with respect to materials and

60% complete with respect to conversion costs.