Question 35 (6 points) Section E: Basic Product Costing Rams Corporation produces syrups that it sells to candy makers. On February 1, Rams Corporation had no work-in-process inventory. It started production of 41,000 gallons of syrup in February and completed production of 38,000 gallons. The costs of the resources used by Rams in February consist of the following: Materials..... $89,100 Conversion Costs (labor and overhead).....110,820 The production supervisor estimates that the ending work-in-process is 40 percent complete on February 28. 1. Compute the cost of syrup completed and the cost of syrup in work-in-process ending inventory as of February 28