N At the end of the month, Michael Company calculated equivalent units of production in the Packaging Department as shown below: UNITS Equivalent Units Units accounted for Direct Materials Costs Equivalent Units Conversion Costs Completed and transferred 56,000 56,000 56,000 out Ending work-in-process 4,000 60,000 4,000 60,000 2,400 58,400 The cost per equivalent unit of production using the weighted average method is $2 for direct material costs and $3 for conversion costs. What is the cost of ending work-in-process and the cost of units completed and transferred out? OA. $6,406 and $280,000 OB. $280,000 and $12,000 OC. $15,200 and $224,000 OD. $15.200 and $280,000 *