Assume the following information: Percent Complete Milling DepartmentUnits 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 45% 50% Milling DepartmentMaterials Conversion Cost of beginning work in process inventory$10,000 $15,000 Costs added during the period 290,000 385,000 Total cost$300,000 $400,000 Using the FIFO method, the total cost of the units completed and transferred out that would be reported on the cost reconciliation report is closest to: