Claremore Industries uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,900 units during the period and had 16,800 units in progress at year-end, the latter at the 50% stage of completion. Total material costs amounted to $229,000; conversion costs were $418,500. The cost of the ending work in process is closest to

a. 104,500

b.189,500

c. 137,982

d. 71,306

e. none of the answers is correct