the following questions using the information below: Comfort chair company manufacturers a standard recliner. The firm's Assembly Department ended January with 15,000 chairs incomplete. During the next month, the firm completed 78,000 chairs, and transferred them to the Finishing Department. The firm started March with 10,000 chairs in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is used by Comfort. Beginning work in process in February was 30% complete while ending work in process was 80% complete. Ending inventory in January: Direct materials Conversion costs $24,000 $35,000 Manufacturing costs added during February: Direct materials $168,000 Conversion costs $278,000 What is the cost of the goods transferred out during February? $454,535 $417,750 $505,158 $476,750