Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 73,300 chairs. During the month, the firm completed 78,400 chairs, and transferred them to Department. The firm ended the month with 9,900 chairs in ending inventory. There were 15,000 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion cc throughout the production process. The FIFO method of process costing is used by Comfort. Beginning work in process was 35% complete as to conversion costs, while ending work in process was 80% complete as to co Beginning inventory. Direct materials $24,400

Conversion costs $35,600 Manufacturing costs added during the accounting period:

Direct materials $168,800

Conversion costs $278,700

What is the cost of the goods transferred out during February? (Round intermediary calculations to the nearest cent.)

A. $425,799

B. $507,500

C. $457,456

D. $480,063

i ne ere 1 method of process costing is used by Comfor Beginning inventory Direct materials $24,400 Conversion costs $35,600 Manufacturing costs added during the accounting period: Direct materials $168,800 Conversion costs $278,700 What is the cost of the goods transferred out during February? (Round intermediary calculat A. $425,799 OB. $507,500 O c. $457,456 OD. $480,063