Froment Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 200 units. The costs and percentage completion of these units in beginning inventory were: Costs Percent Complete Marginal costs... 1,700 50% Conversion costs... 700 15% A total of 7,900 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Costs Percent Complete Marginal costs... 130,700 Conversion costs... 178,500

The ending inventory was 65% complete with respect to materials and 25% complete with respect to conversion costs. Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places.

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

Choices:

A) $328,155

B) $309,200

C) $311,600

D) $299,796