FIFO Aluminum Processes a Single Type of Aluminum

Multiple Choice

FIFO Aluminum processes a single type of aluminum. During the current period the following information was given: All materials are added at the beginning of the production process. The beginning inventory was 30% complete as to conversion, while the ending inventory was 40% completed for conversion purposes.
FIFO Aluminum uses the first-in, first-out system of process costing.
What were the costs assigned to the units transferred out this period (round equivalent unit cost to the nearest penny) ?

A) $113,160
B) $113,236
C) $113,980
D) $122,300