Oholics, Ltd., produces chocolate that it sells to candy makers. On April 1, it had no work-in-process inventory. It started production of 20,000 pounds of chocolate in April and completed production of 19,000 pounds. The costs of the resources used by Oholics in April consist of the following:
Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . $33,000
Conversion costs (labor and overhead) . . . 40,500

Required
The production supervisor estimates that the ending work in process is 60 percent complete on April 30. Compute the cost of chocolate completed and the cost of the chocolate in work-in-process ending inventory as of April 30.