Refer to Figure 6-11. There were 3,750 units that were 80 percent complete remaining in Mixing at January 31. The cost of goods transferred to the Molding Department during January using the FIFO method is

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The cost of goods transferred to the Molding Department during January using the FIFO method is $414,450. This is calculated by multiplying the number of units transferred (3,750) by the cost per unit ($110.50).