Lights Incorporated calculates cost for an equivalent unit of production using the weighted$-$average method.

Data for July:

Work$-$in$-$process inventory, July $1$:

$38,000$ units

Direct materials $(91\%$ completed$)$

$$122,200$

Conversion $(52\%$ completed$)$

$$77,700$

Balance in work in process inventory, July $1$

$$199,900$

Units started during July

$89,000$ units

Units completed and transferred

$101,300$ units

Work$-$in$-$process inventory, July $31$:

$25,700$ units

Direct materials $(91\%$ completed$)$

Conversion $(52\%$ completed$)$

Cost incurred during July:

Direct materials

$$171,500$

Conversion costs

$$269,000$

The cost of goods completed and transferred out under the weighted$-$average method is calculated to be: amount.$)$

A$.$ $$94,604.$

B$.$ $$591,980.$

C$.$ $$544,994.$

D$.$ $$557,750.$

E$.$ $$558,690.$