The Molding Department at Miley Corporation Had 10,000 Units in Process

Multiple Choice

The Molding Department at Miley Corporation had 10,000 units in process on July 1 and 6,000 units in process on July 31.During July,it started 46,000 units.The cost per equivalent unit produced in July was $2.50.If the equivalent units produced in July were 48,000,what were the costs incurred during the month?

A) $105,000
B) $115,000
C) $120,000
D) $150,000
E) None of the answer choices is correct.