Information for the Current Month for Process D Is Shown

Multiple Choice

Information for the current month for Process D is shown below. $\begin{array}{lrl}&\text { Direct Materials }&\text { Conversion Costs }\\\text { Beginning work in process } & \$ 4,600 & \$ 9,600 \\\text { Current month's costs } &31,740 & 51,100\\\text {Equivalent units based on the FIFO}\\\text {costing method}&69,000&70,000\end{array}$

Direct materials are added at the beginning of the process.Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete.Determine the cost of ending work in process inventory.

A) $7,040
B) $5,120
C) $3,200
D) $3,760