ABC company uses a manufacturing process that has two distinct stages : Sewing(A) and ironing(B). Raw material is consumed in (A) at the beginning of sewing process. No additional raw material is required in second stage of the process (B). The following information pertains to the production of 1000 units of output in december.

Assume that 1000 units are 100% complete with respect to raw materials and conversion cost at the end of december. Assume that 200 units are half complete in ironing process(B) at the end of december

	Sewing(A)	Ironing(B)
Direct raw materials	60000	0
Direct Labor	20000	10000
equipment	25000	12000
Plant depreciation	15000	22000

What is the ending inventory value of work in process at the end of december? Assume no products remain in the sewing process (A) at the end of december