The following information applies to the questions displayed below Texarkana Corporation assembles various components used in the computer industry. The company's major product, a disk drive, is the result of assembling three parts: JR1163, JY1065, and DC0766. The following information relates to activities of April: Beginning work-in-process inventory: 3,000 units, 80 percent complete as to conversion; cost, $293,940 (direct material, $230,000; conversion, $63,940) .Production started: 27,000 units. Production completed: 26,000 units. Ending work-in-process inventory: 4,000 units, 45 percent complete as to conversion. Direct material used: JR1163, $225,000; JY1065, $710,000; DC0766, $455,000 Hourly wage of direct laborers, $21; total direct-labor payroll, $134,274. Overhead application rate: $69 per direct-labor hour . All parts are introduced at the beginning of the manufacturing process; conversion cost is incurred uniformly throughout production