Baron Corporation has two sequential processing departments: Assembly then Shaping: The Shaping Department reports the following information. Conversion costs are applied evenly throughoutt the process.

Beginning WIP inventory = 8,000 units

Transferred-in cost in beginning WIP Inventory = $110,200

Direct Materials cost in beginning WIP inventory = $24,500

Conversion costs in beginning WIP inventory = $22,750

units transferred-in = 57,000 units

Transferred - in costs = $546,300

Units completed = 52,000

Cost added: direct materials = $167,120

Cost added: conversion costs = $245,570

Ending WIP inventory = 13,000 units

(40% complete for materials and 30% complte for conversion)

The Total cost of units transferred out to finished goods would be closest to. Show calculation.

a) 958,990

b) 949,000

c) 423,800

d) 1,040,250