Santana Mortgage Company uses a process cost system to accumulate costs in its Application Department. When an application is completed, it is forwarded to the Loan Department for final processing. The following processing and cost data pertain to September. 1234 Applications in process on September 1, 200 Applications started in September, 1,000 Completed applications during September, 700 Applications still in process at September 30 were 100% complete as to materials (forms) and 60% complete as to conversion costs. Beginning WIP: Direct materials $1,110 Conversion costs 4,930 September costs: Direct materials $5.130 Direct labor Overhead 12,680 8,890 se costs are incurred at the beginning of the process. Conversion