Assume the following information:

					Percent Complete
Milling Department	Units				Materials					Conversion
Beginning work in process inventory		200				40	%				30	%
Units started into production during March		6,200
Units completed during the period and transferred to the next department		5,800				100	%				100	%
Ending work in process inventory		600				70	%				60	%

Milling Department	Materials				Conversion
Cost of beginning work in process inventory	$	10,000			$	15,000
Costs added during the period		292,000				385,000
Total cost	$	302,000			$	400,000

Using the FIFO method, the total cost of the units completed during the period and transferred out to the next department with respect to materials is closest to:

Multiple Choice

• $279,568.

• $285,302.

• $280,857.

• $282,043.