Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,400 models. During the month, the company completed 11,100 models, and transferred them to the Distribution Department. The company ended the month with 1800 models in ending inventory. There were 2500 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 55% complete as to conversion costs. Beginning inventory: Direct materials costs Conversion costs $19,800 $10,900 Manufacturing costs added during the counting period: Direct materials costs $70,700 Conversion costs $240,300 What is the cost assigned to ending inventory during October? (Round intermediary calculations to the nearest cent.) $32,990 $41,590 $38,968 $31,804