Smith Electronic Companys chip-mounting production department had 300 units of unfinished product, each 50% completed on September 30. During October of the same year, this department put another 900 units into production and completed 1,000 units and transferred them to the next production department. At the end of October, 200 units of unfinished product, 70% completed, were recorded in the ending Work-in-Process Inventory. Smith Electronic introduces all direct materials when the production process is 50% complete. Direct labor and factory overhead (i.e., conversion) costs are added uniformly throughout the process. Following is a summary of production costs incurred during October:

Direct Materials Conversion Costs

Beginning work-in-process $3,510

Costs added in October $8,200 $6,750

Total costs $8,200 $10,260

Calculate the cost of Work-in-Process Inventory at the end of the period using the Weighted Average Method.

	A.	$2,321.
	B.	$3,510.
	C.	$3,781.
	D.	$1,755.
	E.	$2,626.