Western corp calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods. Data for july: Work in process inventory,July 1 (27100) units): Direct materials(100% complete). $79,200 Conversion (24% complete). $24,349 Balance in work in process inventory, July 1 $103,549 Units started during July. $53,000 Units completed and transferred. $61700 Work in process inventory, July 31: Direct materials (100% complete). $18500 Conversion (49% complete). Cost incurred during July: Direct materials. $152,000 Conversion costs. $247,458 The cost of ending work in process inventory under the weighted average method is calculated to be: A. $148,722 B. $96,609 C. $87,764 D. $49,507 E. $28,487