Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:
Units in beginning work in process inventory		700
Materials costs	$	11,500
Conversion costs	$	22,200
Percent complete with respect to materials		75	%
Percent complete with respect to conversion		65	%
Units started into production during the month		8,600
Units transferred to the next department during the month		7,800
Materials costs added during the month	$	159,300
Conversion costs added during the month	$	348,500
Ending work in process inventory:
Units in ending work in process inventory		1,500
Percent complete with respect to materials		65	%
Percent complete with respect to conversion		50	%

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