The following is a summary of May 2020 assembly department operations of Dania Company, which has two direct materials cost categories X is added at the start of the process and Y is added when the product is 50% completed. Conversion costs are added evenly during the process. Beg Work-in-process, may1 Zero. The cost per equivalent unit is $12 of X materials, $8 of Y materials and $10 of conversion. Started during May 2,000 units, Completed and transferred out during May 1,500 units. Ending (May31) 500 units 40% degree of completion. The cost of Ending balance and Finished Goods (transferred out units) are Select one: a. $8,000 Ending balance and $45,000 Finished goods b. $12,000 Ending balance and $40,000 Finished goods C. $6,000 Ending balance and $31,500 Finished goods d. $8,500 Ending balance and $42,000 Finished goods