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Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,700 models. During the month, the company completed 12,000 models, and transferred them to the Distribution Department. The company ended the month with 1,900 models in ending inventory. There were 3,200 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 25% complete as to conversion costs, while ending work in process was 50% complete as to conversion costs. What is the cost assigned to ending inventory during October? (Round intermediary calculations to the nearest cent.) A. $30,075 B. $31,312 C. $42,723 D. $38.095