Carmelita, Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materials $4,600 $21,100 Conversion costs 6,900 147,000 At the beginning of the period, there were 500 units in process that were 40% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 4,900 units were started and completed. Ending inventory contained 300 units that were 25% 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 O a. $117,306 O b. $165,984 O c. $156,408 O d. $207,480