Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 18,500 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,400. A total of 54,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.70 for materials and $3.40 for conversion costs. The total cost of the units completed and transferred out of the department was:

Walbin Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 18,500 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $25,400. A total of 54,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.70 for materials and $3.40 for conversion costs. The total cost of the units completed and transferred out of the department was: Multiple Choice O $275,400 0 $320,450 0 $238,680 $289,000