The Colonial Company Produces Porcelain Collectibles

The Colonial Company produces porcelain collectibles. In August, the molding department had a beginning work-in-process inventory of $16,800. Costs added during August totaled $79,200 (direct materials $43,200; conversion costs $36,000) . At the end of the month, the ending work-in-process inventory value was $14,400. Assuming that Colonial Company uses job order costing, the cost of goods completed and transferred to the next department (glazing) in August was:

A) $62,400
B) $64,800
C) $79,200
D) $81,600