Figure 1

Equivalent Units	Equivalent Units
	Direct Materials	Labor and Overhead
Beginning WIP	0	1,500
Units started and Completed	18,000	18,000
Ending WIP	2,000	1,600
Total	20,000	21,100

Refer to figure 1, assume that cost per equivalent unit of direct materials equals $10 per unit and that the combined cost per equivalent unit of direct labor and factory overhead equals $20 per unit. Also assume that prior period beginning work in process costs total $62000. Total costs of units transferred out of the department during the current month using the FIFO method would equal:

A. $580000

B. $550000

C. $632000

D.$622000

E. $200000