Carmelita, Inc., has the following information available: At the beginning of the period, there were 400 units in process that were 40% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,800 units were started and completed. Ending inventory contained 400 units that were 31% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FIFO process costing method. Round cost per unit figures to two cents, i.e., \$2.22, when calculating total costs. The total costs that will be transferred into Finished Goods for units started and completed were a. $119,166 b. $245,096 c. $187,096 d. $172,704