At the end of the month, Michael Company calculated equivalent units of production in the second processing department, the Packaging Department, as shown below: UNITS Equivalent Units Equivalent Units Equivalent Units Units accounted for Transferred in Direct Materials Costs Conversion Costs Completed and transferred out 58,000 58,000 58,000 Ending work-in-process 7,000 7,000 4,200 65,000 65,000 62,200 The cost per equivalent unit using the weighted average method is $5 for material costs, S6 for conversion costs, and $7 for transferred in, What is the total cost of the units completed and transferred out? O A $1,044,000 B. $1,119,000 C. $455,077 OD $1,115,400