ng demand Corporation was recently formed to produce a semiconductor chip that forms an essential part of the pexnal computer manufactured by a major corporation. The direct materials are added at the start of the production process while conversion costs are added uniformly throughout the production process, Jure is Big Bernard's first month af operations and therefore, there was no beginning inventory Direct materials cost for the month totaled $850 000 while conversion costs equaled $4,625,000. Accounting records indicate that 475,000 chips were started in June and 125.000 chips were completed Ending inventary was 50% complete as to conversion costs. Required: What is the total manufacturing cost per chip for June? Allocate the total costs between the completed chips and the chips in ending inventory