Carmon Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 700 units. The costs and percentage completion of these units in beginning inventory were:

Materials costs: Cost: $18,615; Percent Complete: 85%

Conversion costs: Cost: $6,804; Percent Complete: 60%

A total of 7,900 units were started and 6,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

Materials costs: $171,500

Conversion costs: $137,100

The ending inventory was 70% complete with respect to materials and 35% complete with respect to conversion costs.

The total cost transferred from the first processing department to the next processing department during the month is closest to:

A)

$334,200

B)

$367,616

C)

$294,630

D)

$308,600