The managerial accountant at Duck Manufacturing reported the following information:

Units:

Beginning WIP……………………………..54,500

75% for materials

45% for conversion

Transferred-in………………………………225,000

Completed…………………………………232,000

Ending WIP

60% for materials

20% for conversion………………………….47,500

Costs:

Beginning WIP

Direct materials………………………………$67,500

Conversion…………………………………..145,400

Transferred-in………………………………..99,000

Transferred-in from department 1…………...$1,550,050

Direct materials added………………………909,375

Conversion added……………………………542,875

The cost of ending WIP is closest to

A) $133,950

B) $593,750

C) $311,900

D) $414,200