The following is selected information from the records of Ray, |nc.: Purchases of raw materials $,000 Raw materials, beginning 500 Raw materials, ending 800 Work-in-brocess, beginning 0 Work-in-brocess, ending 0 Cost of goods sold 12,000 Finished goods, beginning 1,200 Finished goods, ending 1,400 What is the total amount of conversion costs? O $6,500 0 $5,900 0 $6,100 0 $5,500