Helox, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Costs in the beginning work-in-process inventory of the first processing department were materials, $4,700, and conversion cost, $16,300. Costs added during the month were materials, $70,000, and conversion cost, $401,450. Required: Complete the following cost reconciliation for the first process: (Round intermediate calculations to 3 decimal places and final answers to the nearest dollar amount.)