ABC Corporation manufactures plastic toys. During October, Fabrication Department started work on 10,400 models. During the month, the company completed 11,200 models, and transferred them to the Distribution Department. There were 3,000 models in beginning inventory. The FIFO method of process costing is being followed. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs. Beginning inventory: - Direct materials costs: $20,000 - Conversion costs: $11,000 Manufacturing costs added during the accounting period: - Direct materials costs: $70,500 - Conversion costs: $240,300 What is the amount of ending work-in-process inventory at the end of October? $43,115 $40,175 $38,343 $35,985