Ibarra Corporation uses the FIFO method in its process costing system. The first processing department, the Forming Department, started the month with 17,500 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $34,250. An additional 112,000 units were started into production during the month and 115,000 units were completed and transferred to the next processing department. There were 14