umter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

Work in process, beginning:

Units in process6,000

Percent complete with respect to materials60%

Percent complete with respect to conversion20%

Costs in the beginning inventory:

Materials cost$ 78,200

Conversion cost$ 3,600

Units started during the month?

Units completed and transferred out during the month70,000

Costs added to production during the month:

Materials cost$ 286,600

Conversion cost$ 216,000

Work in process, ending:

Units in process8,000

Percent complete with respect to materials75%

Percent complete with respect to conversion25%

How much cost, in total, was assigned to the units transferred out to the next department during the month?

Multiple Choice

$549,500

$584,400

$502,600

$535,000