Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 3,800 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $10,600. During the period, 9,800 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $5.80 for material and $6.80 for conversion costs. The cost of units transferred out during the month was:

Select one:

a. $84,400

b. $66,800

c. $123,480

d. $66,640