Information for the Current Month for the Polishing Department Is

Multiple Choice

Information for the current month for the Polishing Department is shown below. $$\begin{array} { l r r } & \text { Direct Materials}& \text { Conversion Cost } \\\text { Beginning work in process inventory } & \$ 8,100 & \$ 10,525 \\\text { Current month's costs } & \$ 31,240 & \$ 56,240 \\\text { Equivalent units based on the FIFO costing } & 7,000 & 74,000 \\\text { method } & & \\& & \\\text { Units completed ?69,000 } & & \\\text { Units in ending work in process inventory }- 66,000 & &\end{array}$$
Direct materials are added at the beginning of the process.Beginning work in process is 30 percent complete as to conversion costs; ending work in process inventory is 80 percent complete.Determine the cost of ending work in process inventory.

A) $7,200
B) $3,552
C) $5,760
D) $6,288