Elliot Ltd makes a product that has to pass through two manufacturing processes, A and B. All the material is input at the start of process A. There are no losses in process A but there is a normal loss in process B equal to 5% of the input into that process. Losses have no realisable value.

Process A is operated only in the first two weeks of every month, followed by process B in the last two weeks of the month. All completed production from process A is transferred into process B in the same month. There is no work in progress in process B.

Information for last month for each process is as follows:

Process A
Opening work in progress	300 units (30% complete for conversion costs) valued in total at 18,000
Input into the process	2100 units with a material cost of 224,700
Conversion costs incurred	113,440
Closing work in progress	55% complete for conversion costs
Process B
Transfer from process A	1900 units
Conversion costs incurred	95,450

Calculate the value of the closing work in progress for process A and the total value of the units transferred to process B.

a.

85,800 and 287,040

b.

71,700 and 305,040

c.

71,700 and 287,040

d.

85,800 and 305,040