Carmelita Inc

Multiple Choice

Carmelita Inc. has the following information available: ​
-At the beginning of the period, there were 500 units in process that were 60% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,500 units were started and completed. Ending inventory contained 340 units that were 30% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FIFO process cost method. Round cost per unit figures to the nearest cent when calculating total costs.​ The total costs that will be transferred into Finished Goods for units started and completed were

A) $161,775
B) $156,960
C) $162,855
D) $161,505