Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,550 Materials costs $ 13,200 Conversion costs $ 23,050 Percent complete with respect to materials 75 % Percent complete with respect to conversion 65 % Units started into production during the month 10,300 Units transferred to the next department during the month 9,500 Materials costs added during the month $ 176,300 Conversion costs added during the month $ 365,500 Ending work in process inventory: Units in ending work in process inventory 2,350 Percent complete with respect to materials 65 % Percent complete with respect to conversion 50 %

The cost of a completed unit transferred out of the department is closest to: