The following data pertains to Lam Co.'s manufacturing operations: Inventories Direct Materials Work in Process Finished Goods 4/1 4/30 $20,250 $16,800 9,900 6,675 30,150 40,500 Additional information for the month of April: Direct materials purchased $35,600 Direct labor 34,500 Direct labor rate per hour 10 Factor overhead incurred 45,400 Overhead is applied at $12 per direct labor hour. For the month of April, conversion cost incurred was: Multiple Choice $84,900. $75,900. $79,900. $44,400.