Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cell for each customer. The following information relates only to one customer's just-in-time cell for the coming year. Projected labor and overhead, $4,447,136; materials costs, $30 per unit. Planned production included 5,738 hours to produce 17,932 motor drives. Actual production for August was 1,912 units, and motor drives shipped amounted to 1,300 units.
From this information, determine the production costs transferred to Finished Goods during August.
Select the correct answer.
$531,536
$361,400
$476,118
$205,546