Litres Materials costs Conversion costs rk-in-process, May 1 60,000 E 320,000 E 30,000 Degree of completion 100% 30% duction started in May 410,000 duction completed in May 420,000 ling work-in-process, May 31 50,000 Degree of completion 100% 80% sts added during May E 2,460,000 E 1, 105,000 quired: g the FIFO method of process costing, what is the value of the direct materials in the cost of the completed output (rounded at ( 1,000) E 2,520,000 E 2,780,000 f 2 160 000