McIlhenny Company

McIlhenny Company adds material at the start of production. The following production information is available for June:

Beginning Work in Process Inventory
	(35% complete as to conversion)	10,000	units
Started this period		120,000	units
Ending Work in Process Inventory
	(60% complete as to conversion)	8,000	units
Beginning Work in Process Inventory Costs:
	Material	$32,000
	Conversion	74,000
Current Period Costs:
	Material	$ 298,243
	Conversion	89,979

Refer to McIlhenny Company. What is the cost of units completed using the weighted average?

	a.	$366,275
	b.	$343,980
	c.	$467,260
	d.	$509,600