A company uses the first-in-first-out (FIFO) method for process costing. At the beginning of the period, the company had $1,000,000 in Work-in-process. For the period, the company estimates cost per equivalent unit to be $2.5 and equivalent units transferred out during the period are 2 million. Costs transferred out at the end of the period equal Question 5 options: A: $2,500,000 B: $5,000,000 C: $4,500,000 D:$6,000,000