Helox, inc manufactures a product that passes through two production processes. A quantiry schedule for a recent month for the first process foltows Costs in the beginning work-in-process inventory of the first processing department were materials, $4,700, and corversion cost. $16,300. Costs added during the month were materiats, $70,000, and conversion cost, $401,450. Requlred: Complete the following cost reconciliation for the first process: (Round intermedlate calculations to 3 decimal places and final answers to the neorest doller omount.) Costs in the beginning work-in-process inventory or the first processing department were materials. $4,700, and conversion cost. $16,300 Costs added durting the month were maternak, $70,000, and conversion cost. $401,450 Required: Complete the following cost reconciliation for the first process; (Round intermediate calculations to 3 decimal piaces and final answers to the nearest dollor amount.)