Given the following information, assuming all materials are added at the beginning of the process, calculate the total cost to be assigned to ending work in process for the period.

	Direct Material	Conversion	Total
Cost per equivalent unit	$3.00	$2.50
Units completed and transferred out			48,000
Units in work in process, ending, 70% complete			20,000

Multiple choice question.

$95,000

$359,000

$144,000

$264,000