Nader, Inc., has the following information available:

	Costs from Beginning Inventory	Costs from Current Period
Direct materials	$2,300	$ 21,252
Conversion costs	6,200	150,536

At the beginning of the period, there were 500 units in process that were 40 percent complete as to conversion costs and 100 percent complete as to direct materials costs.

During the current period, 4,300 units were started and completed.

Ending inventory contained 320 units that were 80 percent complete as to conversion costs and 100 percent complete as to direct materials costs. (Assume that the company uses the FIFO costing method.)