Marlow Corporation uses the FIFO method in its process costing system. Department A's beginning work in process inventory consisted of 12,000 units, 100% complete with respect to materials and 60% complete with respect to conversion costs. The total cost of this inventory was $76,400. A total of 25,000 units were transferred out during the month. The costs per equivalent unit were computed to be $3.40 for materials and $4.70 for conversion costs. The cost of the units completed and transferred out was closest to:

Marlow Corporation uses the FIFO method in its process costing system. Department A's beginning work in process inventory consisted of 12,000 units, 100% complete with respect to materials and 60% complete with respect to conversion costs. The total cost of this irventory was $76,400. A total of 25,000 units were transferred out during the month. The costs per equivalent unit were computed to be $3.40 for materials and $4.70 for conversion costs. The cost of the units completed and transferred out was closest to