A company uses the FIFO method for inventory costing. At the beginning of the period, it reported the following

data:

The production department data related to conversion costs follows:

Costs of beginning work in process

$$113,000$

Costs added this period

$740,825$

Multiple Choice

$$4\mathrm{.}14.$

$$4\mathrm{.}49.$

$$3\mathrm{.}90.$

$$4\mathrm{.}34.$

$$4\mathrm{.}25.$