Qatar Manufacturing Company OMC uses the First-In, First-Out (FIFO) method in its process conting system to produce leather wallets. Direct materials are added at the beginning of the process. Conversion costs are incurred equally. The following information relates to the operations of each wallets for Feb 2021: Physical Units (seats) Transferred-In Costs Direct Materials Conversion Costs Beginning work in process $45000 $50,000 5,000 $35,000 Degree of completion of beginning work in progress 100% 100% 60% 21,000 Units started Completed during the month and transferred out ??? 6,000 Ending work in process Degree of completion of ending work in progress Total costs added during Feb 2021 100% 100% 50% $840,000 $1,050,000 $1,800,000 Required: OMC manager has asked you to find the cost of Work In Process Ending Inventory remains in this process