The Morgan Models company manufacturers replica plastic airplane and motorized vehide models During October the firm's Assembly Department started production al 60000 models During

the month, the firm completed 66,000 models, and transferred them to the Finishing Department The firm ended the month with 22.000 models in ending inventory. There were 28 000 madels

in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added unitarmly throughout ine production process The RFO

method of process costing is used by Morgan. Beginning work in process was 254 complete as to conversion costs, while ending work in process was 50% complete as to conversion casts

$39.200

$30,800

Beginning inventory

Direct materials cos's

Conversion costs

Manuacturing costs added during the accounting pered,

$90.000

$280.000

Direct materials costs

Conversion costs

What is the cost of the goods transferred out during October?