Please assist with the given problem.
Problem: Uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 75,000 units, 95% complete with respect to materials and 28% complete with respect to conversion costs. The total dollar value of this inventory was $228,000. During the month, 147,000 units were transferred out of the department. The costs per equivalent unit for the month were $2.30 for materials and $3.10 for conversion costs. The value of the units completed and transferred out of the department was:
- $799,800
- $807,800
- $788,800
- $793,800