1. The Blue Corporation started and completed 4,800 units during February. Blue began the month with 700 units in process (40% complete); these units were also completed during February. The company ended the month with 400 units in process (80% complete); these units were started but not completed during the month. How many units were transferred to Finished Goods Inventory during February?

4,760

5,100

5,460

5,500