Silo Company's assembly department had 7,000 units in beginning inventory. Associated with these units were $67,250 in direct materials and $85,000 in conversion costs. During the period, the department incurred $163,750 in direct materials and $337,500 in conversion costs and started 60,000 units. Ending inventory consisted of 5,000 units which were 80% complete with respect to materials and 60% complete with respect to conversion costs.