Mister Tee's is a T shirt manufacturing business with the following fact pattern: T shirts are processed in batches of 100 One T shirt requires one yard of fabric One yard of fabric costs $4 . Five direct labor hours are required to produce one batch of Tshirts Direct labor costs $20/hour Direct labor is applied at the beginning of the process Factory overhead is applied at a rate of 130% of Direct Labor Dollars Factory overhead is applied at the end of the process Mister Tee begin the period with five batches in WIP Beginning Inventory. They transfer $4,800 from Raw Materials and complete 14 batches. What is the dollar value of WIP Beginning Inventory for the current period? . . O 2,500 O 3,150 O 2.000 o 500