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Alvis Construction Supply Company has a department that manufactures wood trusses $($wood frames used in the construction

industry$).$ The following information is for the production of these trusses for the month of February:

Work$-$in$-$process inventory, February $1$

Direct materials: $100\%$ complete

Conversion: $40\%$ complete

Units started during February

Units completed during February and transferred out

Work$-$in$-$process inventory, February $29$

Direct materials: $100\%$ complete

Conversion: $20\%$ complete

Costs incurred during February

Direct materials

Conversion

$5,000$ trusses

$ $11,480$

$ $16,258$

$19,000$ trusses

$18,000$ trusses

$ $60,040$

$ $93,092$

Required:

Using the FIFO method, calculate the following: