Tenicheff Corporation Uses the FIFO Method in Its Process Costing

Multiple Choice

Tenicheff Corporation uses the FIFO method in its process costing system.Operating data for the Curing Department for the month of March appear below: $\begin{array}{lrc}&&\text { Percent Complete with}\\&\text { Units }&\text { Respect to Conversion}\\\text { Beginning work in process inventory.... } & 8,200 & 50 \% \\\text { Transferred in from the prior department } & & \\\text { during March...................................... } & 49,000 \\\text { Completed and transferred to the next}\\\text { department during March.....................}&56,200\\\text { Ending work in process inventory ......... } & 1,000& 40 \%\end{array}$
According to the company's records,the conversion cost in beginning work in process inventory was $10,250 at the beginning of March.The cost per equivalent unit for conversion costs for March was $2.40. How much conversion cost would be assigned to the units completed and transferred out of the department during March?

A) $134,880
B) $117,600
C) $135,290
D) $125,040