The Molding Department at Miley Corporation had 10,000 units in process on July 1 and 6,000 units in process on July 31. During July, it started 46,000 units. The cost per equivalent unit produced in July was $2.50. If the equivalent units produced in July were 48,000, what were the costs incurred during the month?

Group of answer choices

$105,000

$115,000

$120,000

$150,000