A company determines that the cost per equivalent unit is $6.00 for materials; $15.00 for labor, and $9.00 for overhead. In the current period, 8,000 units were started and completed. Beginning inventory consisted of 1,000 units with costs of $21,000. All materials and 60 percent of labor and overhead were added in the prior period. What is the total cost of goods transferred out using FIFO? a. $240,000 b. $222,600 c. $262,200 d. $270,600 e. $249,600 f. $267,000 g. $275,400 h. None of the above