Alaskan Fisheries, Inc. processes salmon for various distributors. Two departments are involved: Department 1 and Department 2. Data relating to pounds of salmon processed in Department 1 during July are presented below: Work in process, July 1 33,000 pounds at 40% complete* Started into processing in July 445,000 pounds Work in process, July 31 38,000 pounds at 70% complete* *Percentage completion refers to labour and overhead only. All materials are added at the beginning of processing in department 1. Labour and overhead (conversion) costs are incurred uniformly throughout processing. Using the FIFO method, how many equivalent pounds of salmon for conversion were completed and during the month of July?

A) 453,400 pounds of salmon B) 446,800 pounds of salmon C) 438,200 pounds of salmon D) 471,200 pounds of salmon E) 464,800 pounds of salmon