D Company uses the FIFO method of process costing. The beginning work-in-process inventory consisted of $6,400 of materials cost and $9,600 of conversion cost. Current month costs were $31,740 for materials and $51,100 for conversion. Equivalent Units have already been calculated for you under the FIFO method and were 69,000 equivalent units for materials and 70,000 equivalent units for conversion. Ending inventory of 5,000 units were 100% complete as to materials and 40% complete as to conversion. The cost assigned to ending work-in-process inventory would be _____.

Group of answer choices

none of the other answers

A) $5,120

B) $3,200

C) $7,040

D) $3,760