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3 Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The

image text in transcribed 3 Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete with 2621 Beginning work in process inventory Respect to Units 7,700 Conversion 10 Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory 64,000 63,800 7,900 801 The Molding Department's cost per equivalent unit for conversion cost for January was $3.39. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January Muple Choice O $3230670 $25.20100 12006080 $5,040.20

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