QUESTION 11 3 points Save Answer Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 73,400 chairs. During the month, the firm completed 78,500 chairs, and transferred them to the Finishing Department. The firm ended the month with 10,300 chairs in ending inventory. There were 15,800 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is used by Comfort. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 70% complete as to conversion costs. Beginning inventory: Direct materials Conversion costs $24,600 $35,500 Manufacturing costs added during the counting period: Direct materials $168,100 Conversion costs $278,000 What is the amount of direct materials cost assigned to ending work-in-process inventory at the end of February? (Round intermediary calculations to the nearest cent.) $26,860 $18,270 $23,587 $26,100