Pablo Company calculates the cost for an equivalent unit of production using process costing.

Data for June Workinprocess inventory, June 1: 19,600 units Direct materials: 160% complete $ 38,006 Conversion: 40% complete 15,200 Balance in workinprocess, June 1 $ 53.200 Units started during June 45,800 Units completed and transferred out 45,800 Workinprocess inventory, June 30 19.000 Direct materials: 100% complete Conversion: 80% complete Costs incurred during June Direct materials $119,080 Conversion costs Direct labor 119,080 Applied overhead 155,720 Total conversion costs $274.800