At Onyx incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:
WIP beginning (70% for conversion) 25,200 units
Units started 153,000 units
Units completed and transferred out 117,000 units
WIP ending (50% for conversion) 61,200 units
Beginning WIP direct materials $42,200
Beginning WIP conversion costs $28,200
Costs of materials added $434,100
Costs of conversion added $262,000
What is the total cost of units completed and transferred out?
A $660,030
B. $492,698
C $542,880
D. $709,762