Candy Company uses process costing to determine the cost of its production. Materials are added at the beginning of the process and the following information pertains to the production in January:

Beginning Work in Process inventory: 500 units that were 60% complete, with costs of $3,000 for materials and $1,500 for conversion.

During January, the company started 2,200 units, and incurred $9,000 in materials costs and $10,000 in conversion costs.

The remaining 800 units in ending work in process were 50% complete.

25. Assuming that the company uses the FIFO method to account for costs, what is the cost of units transferred out in January?

a. $12,393.94

b. $13,822.51

c. $17,396

d. $18,322.51

e. None of the above.