Matrix Inc. calculates cost for an equivalent unit production using both the weighted average anf the FIFO methods.

Data for July
Work-in-process inventory, July 1 (30,900 units)
Direct materials (100% completed)					$116,420
Conversion (47% completed)					$72,120
Balance in work in process inventory, July 1					$188,540
Units started during July					88,000
Units completed and transferred					96,000
Work-in-process inventory, July 31
Direct materials (100% completed)					22,900
Conversion (47% completed)
Cost incurred during July
Direct materials					$171,000
Conversion costs					$273,400

The cost of goods completed and the transferred out under the weighted average method is calulated to be?

A.$543,751

B.$541,751

C.$544,751

D.$540,751

E.$542,751