Extra Sports is a manufacturer of sportswear and uses weighted-average method of process costing. It produces all of its products in one department. The information for the current month is as follows:

Beginning work in process

15,500 units

Beginning work-in-process direct materials

$10,000

Units started

34,500 units

Beginning work-in-process conversion

$70,000

Units completed

30,000 units

Direct materials added during month

$90,000

Ending work in process

14,000 units

Direct manufacturing labor during month

$71,600

Spoilage

? units

Direct Materials

Conversion Costs

Equivalent unit costs

$2

$3

Equivalent Units

Good units completed

Normal spoilage

Abnormal spoilage

WIP ending

Direct Materials

30,000

1,500

4500

1,4000

Conversion Costs

30,000

1,500

4500

1,1200

Direct Materials

Conversion Costs

Degree of completion of beginning WIP

100 %

50%

Degree of completion of ending WIP

100%

80%

Degree of completion of normal spoilage

100%

100%

Degree of completion of abnormal spoilage

100%

100%

Companys normal spoilage is 5% of good units (units completed) and all spoilage is detected at end of the process. Extra Sports uses weighted-average method of process costing.

Total cost of good units completed and transferred out was:

Select one:

a. $157,500.

b. $150,000.

c. $241,600.

d. $180,000.

e. None of the given options