Use this information about Carmelita Inc. to answer the question that follows.

Carmelita Inc. has the following information available:

At the beginning of the period, there were $500$ units in process that were $60\%$ complete as

to conversion costs and $100\%$ complete as to direct materials costs. During the period,

$4,500$ units were started and completed. Ending inventory contained $340$ units that were

$30\%$ complete as to conversion costs and $100\%$ complete as to materials costs. Assume

that the company uses the FIFO cost flow method. Round cost$-$per$-$unit figures to the

nearest cent when computing total costs.

The total costs transferred to Finished Goods for units started and completed were

a$.$ $$161,775$

b$.$ $$162,855$

c$.$ $$156,960$

d$.$ $$161,505$