At the Beginning of the Period,there Were 500 Units in Process

Multiple Choice

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 two cents,i.e.,$2.22,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