Information for the Current Month for Process D Is Shown

Information for the current month for Process D is shown below. $\begin{array}{lrr}&\text { Direct Materials }&\text { Conversion Costs }\\\text { Beginning work in process inventory } & \$ 6,400 & \$ 9,600 \\\text { Current month's costs } & 31,740 & 51,100 \\\text { Equivalent units based on the FIFO costing } & & \\\text { method } & 69.000 & 70.000\end{array}$ Direct materials are added at the beginning of the process.Beginning work in process is 50 percent complete as to conversion costs; ending work in process inventory is 40 percent complete.Determine the cost of ending work in process inventory.

A) $7,040
B) $5,120
C) $3,200
D) $3,760