Refresh produces soft drinks and sodas. Production of 103,000 liters was started in February, 88,000 liters were completed. Material costs were $52,020 for the month while conversion costs were $32,580. There was no beginning work-in-process; the ending work-in-process was 40% complete. What is the cost of the product that remains in work-in-process?a.$54,600 b.$51,000 c.$46,410 d.$38,220
