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Kirkpatrick Company Uses a Process-Cost System with the FIFO Method

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Kirkpatrick Company uses a process-cost system with the FIFO method of accounting for beginning inventories. Materials are added at the beginning of the process, and conversion costs are incurred uniformly. Work-in-process at the beginning is assumed to be 40 percent complete and at the end to be 70 percent complete. Additional data follow:
Kirkpatrick Company uses a process-cost system with the FIFO method of accounting for beginning inventories. Materials are added at the beginning of the process, and conversion costs are incurred uniformly. Work-in-process at the beginning is assumed to be 40 percent complete and at the end to be 70 percent complete. Additional data follow:    -The total cost of the units completed and transferred is A)  $295,920. B)  $306,840. C)  $289,200. D)  $298,840.
-The total cost of the units completed and transferred is


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