The following data for Direct Materials (DM) and Conversion (CONV) for the past month for a manufacturer are shown: DM Conversion Costs in opening WIP: $480,000 $972,000 Costs incurred this month: $1,440,000 $2,916,000 Total equivalent units: 40000 36000 Units completed this month: 30000 Hint: The following template may be useful in your calculations DM CONV Total Unit Cost Calculate Unit costs Required: Calculate the TOTAL value of the CLOSING WIP in this department. NOTE: ONLY ENTER THE NUMBER AMOUNT - DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER (e.g. if you want to enter $10,000 only enter '10000' as your